Press & Media

Press & Media

Read recent LE press releases for an inside look at global lodging real estate news, regional and individual market insights, and growth trends for leading Franchises Companies and brands.

  1. Top World Regions and Markets in the Global Hotel Construction Pipeline June 20, 2018
    Lodging Econometrics (LE) has released its global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, where currently the regions by project count are: The Americas with 6,268 projects/800,298 rooms, Asia Pacific with 4,205 projects/907,867 rooms and EMEA with 2,241 projects/430,837 rooms.

    The top countries by project count are the United States with 5,255 projects/636,274 rooms and China with 2,481 projects/546,424 rooms. The U.S. accounts for 41% of the projects in the global pipeline while China accounts for 20%, resulting in 61% of the global pipeline being concentrated in just these two countries. A far distance off from these two countries are Indonesia with 394 projects/66,154 rooms, Germany with 246 projects/47,927 rooms, and United Kingdom with 246 projects/36,585 rooms.

    The cities with the largest pipeline project counts are: New York with 169 projects/29,641 rooms, Dubai with 161 projects/ 46,420 rooms, Dallas with 159 projects/19,149 rooms, Houston with 148 projects/16,158 rooms, and Shanghai 129 projects/25,750 rooms.

  2. 7% Year-Over-Year Growth in the Global Construction Pipeline June 19, 2018
    The Lodging Econometrics (LE) global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, states that the total pipeline stands at 12,714 projects/2,139,002 rooms, up 7% by projects year-over-year (YOY).

    There are 5,952 projects/1,115,288 rooms under construction, up 8% by projects YOY. Projects scheduled to start construction in the next 12 months, at 3,988 projects/584,433 rooms, are up 6% while projects in early planning at 2,774 projects/439,281 rooms are up 5% YOY.

    The leading 5 franchise companies in the global construction pipeline by project-count are: Marriott International with 2,381 projects/398,238 rooms, Hilton Worldwide with 2,180 projects/322,857 rooms, InterContinental Hotels Group (IHG) with 1,600 projects/234,807 rooms, AccorHotels with 781 projects/140,396 rooms, and Choice Hotels with 629 projects/153,992 rooms. The leading brands for each of these companies are: Marriott’s Fairfield Inn with 357 projects/38,826 rooms, Hilton’s Hampton Inn & Suites with 599 projects/75,642 rooms, IHG’s Holiday Inn Express with 709 projects/86,836 rooms, Accor’s Ibis with 156 projects/22,361 rooms, and Choice’s Comfort Suites with 126 projects/10,983 rooms.

  3. Top Hotel Companies and Brands in China’s Hotel Construction Pipeline June 18, 2018
    According to Lodging Econometrics (LE), the top hotel companies in China’s construction pipeline by project count are: Hilton Worldwide with 347 projects/80,532 rooms, InterContinental Hotels Group (IHG) with 296 projects/71,191 rooms, Marriott International with 283 projects/79,018 rooms, and AccorHotels with 141 projects/26,756 rooms.

    The largest brand in the pipeline for each of the these companies is: Hilton’s Hampton Inn & Suites with 164 projects/25,503 rooms, IHG’s Holiday Inn Express with 131 projects/25,194 rooms, Marriott’s full-service hotel with 63 projects/19,361 rooms, and Accor’s Ibis with 47 projects/5,041 rooms.

  4. Construction Pipeline Growth in China and its Major Cities Shows Marginal Growth Year-Over-Year June 15, 2018
    Analysts at Lodging Econometrics (LE) report that according to the recent China construction pipeline, the total pipeline has 2,481 projects/546,424 rooms, up 2% year-over-year (YOY).

    There are 1,725 projects/368,927 rooms under construction, up less than 1% by projects YOY. Projects scheduled to start construction in the next 12 Months are at 410 projects/86,995 rooms, up 27% by project YOY, while projects in early planning at 346 projects/90,502 rooms are down 13%.

    Cities in China with the largest pipelines are: Shanghai with 129 projects/25,750 rooms, Guangzhou with 106 projects/25,481 rooms, Chengdu with 89 projects/19,723 rooms, Hangzhou with 77 projects/17,255 rooms, Suzhou with 75 projects/14,713 rooms and Beijing with 68 projects/11,551 rooms.

  5. Asia Pacific’s Top Global and Regional Companies and Brands for Hotel Construction Excluding China June 14, 2018
    According to the most recent Asia Pacific Construction Pipeline Trend Report from Lodging Econometrics, the top global hotel companies in the Asia Pacific Construction Pipeline, excluding China, are: Marriott International with 204 Projects/48,003 Rooms, AccorHotels with 215 Projects/45,086 Rooms, InterContinental Hotels Group (IHG) with 122 Projects/28,186 Rooms, Hilton Worldwide with 82 Projects/17,750, and Best Western with 34 Projects/6,146 Rooms.

    The largest brand in the Pipeline for each of these companies is: Marriott’s Sheraton Hotel with 29 Projects/7,069 Rooms, Accor’s Ibis Styles with 45 Projects/8,928 Rooms, IHG’s Holiday Inn with 50 Projects/12,300 Rooms, Hilton’s DoubleTree with 29 Projects/6,003 Rooms and the Best Western brand with 15 Projects/1,888 Rooms.

  6. Asia Pacific’s Top Countries and Cities for Hotel Construction Excluding China June 13, 2018
    According to analysts at Lodging Econometrics (LE), the top countries in the Asia Pacific Construction Pipeline, excluding China, by project count are: Indonesia with 394 Projects/66,154 Rooms, Japan with 228 Projects/46,356 Rooms, India with 206 Projects/33,501 Rooms, Malaysia with 137 Projects/36,244 Rooms and Thailand with 134 Projects/31,964 Rooms.

    Cities with the largest pipelines by project count are: Jakarta, Indonesia with 101 Projects/19,010 Rooms; Seoul, South Korea with 80 Projects/15,738 Rooms; Tokyo, Japan with 73 Projects/16,885 Rooms; Kuala Lumpur, Malaysia with 58 Projects/14,834 Rooms and Bangkok, Thailand with 52 Projects/11,805 Rooms.

  7. The Asia Pacific Hotel Construction Pipeline Excluding China Continues Double Digit Increases Year-Over-Year June 12, 2018
    The most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,673 Projects/349,081 Rooms, up 12% by projects and 17% by rooms Year-Over-Year (YOY).

    There are 959 Projects/208,153 Rooms Under Construction, up 19% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 368 Projects/72,819 Rooms, up 26%, while projects in Early Planning at 346 Projects/68,109 Rooms, are down 14% by projects YOY.

  8. Top Countries & Cities in the Middle East and Africa Hotel Construction Pipelines June 11, 2018
    According to analysts at Lodging Econometrics (LE), the top countries in the Middle East Construction Pipeline are: Saudi Arabia with 209 Projects/72,680 Rooms, United Arab Emirates with 208 Projects/58,930 Rooms and Qatar with 58 Projects/13,667 Rooms. Cities in the Middle East with the largest pipelines are: Dubai, UAE with 161 Projects/46,420 Rooms, Provincial, Saudi Arabia with 60 Projects/10,859 Rooms and Riyadh, Saudi Arabia with 58 Projects/10,885 Rooms.

    The top countries in the Africa Construction Pipeline are: Nigeria with 38 Projects/6,561 Rooms, Ethiopia with 30 Projects/5,319 Rooms and Morocco with 29 Projects/4,315 Rooms. Cities in Africa with the largest pipelines are: Addis Ababa, Ethiopia with 24 Projects/4,347 Rooms, Nairobi, Kenya with 17 Projects/2,641 Rooms and Lagos, Nigeria with 16 Projects/2,604 Rooms.

  9. The Top Hotel Companies and Brands in the Middle East & Africa Construction Pipeline June 8, 2018
    According to the recent Hotel Construction Pipeline Trend Reports for Africa and the Middle East, the top hotel company construction pipelines in the Middle East and Africa are: Marriott International with 154 Projects/33,386 Rooms, Hilton Worldwide with 130 Projects/32,725 Rooms, AccorHotels with 103 Projects/25,430 Rooms, Radisson Hotel Group with 44 Projects/11,184 Rooms and InterContinental Hotels Group (IHG) with 31 Projects/7,445 Rooms.

    The largest brand in the Pipeline for each of the these companies are: Marriott’s Courtyard with 23 Projects/5,033 Rooms, Hilton’s full-service hotel with 46 Projects/14,273 Rooms, Accor’s Novotel with 21 Projects/4,940 Rooms, Radisson’s Blu with 26 Projects/6,157 Rooms, and IHG’s InterContinental with 10 Projects/2,498 Rooms.

  10. The Middle East and Africa Hotel Construction Pipelines Continue to Grow June 7, 2018
    Analysts at Lodging Econometrics (LE) report that the Construction Pipelines for the Middle East and Africa continue to grow resulting in 875 Projects/216,045 Rooms combined, according to LE’s recent Trend Report.

    The Total Middle East Pipeline has 594 Projects/170,490 Rooms and is up 23% by rooms Year-Over-Year (YOY). This is the 16th consecutive quarter of pipeline growth seen by the Middle East. In the Middle East, there are 358 Projects/113,830 Rooms Under Construction, up 13% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 127 Projects/31,752 Rooms, up 9%, while projects in Early Planning stand at 109 Projects/24,908 Rooms are up 31%.

    The Total Africa Pipeline has 281 Projects/45,555 Rooms and is up 21% by projects YOY. In Africa, there are 127 Projects/21,233 Rooms Under Construction, up only 1% by projects YOY. Those Scheduled to Start Construction in the Next 12 Months are at 79 Projects/11,954 Rooms, up a whopping 65%, while projects in Early Planning stand at 75 Projects/12,368 Rooms are up 29%.

  11. Europe’s Top Global and Regional Hotel Companies and Brands June 6, 2018
    According to a recent Hotel Construction Pipeline Trend Report for Europe, analysts at Lodging Econometrics (LE) report that the top global hotel companies in Europe’s Construction Pipeline are: AccorHotels with 209 Projects/26,936 Rooms, Marriott International with 187 Projects/31,855 Rooms, Hilton Worldwide with 170 Projects/26,870 Rooms and InterContinental Hotels Group (IHG) with 133 Projects/22,590 Rooms. The largest brands in the Pipeline for each of the these companies are: Accor’s Ibis Styles with 50 Projects/6,498 Rooms, Marriott’s Moxy with 56 Projects/10,302 Rooms, Hilton’s Hampton Inn with 73 Projects/11,080 Rooms and IHG’s Holiday Inn Express with 61 Projects/9,395 Rooms.

    The top regional hotel developers in Europe’s Construction Pipeline are: Novum Group Hotels with 30 Projects/5,714 Rooms, Whitbread Group with 20 Projects/3,169 Rooms, Deutsche Hospitality with 18 Projects/3,718 Rooms and NH Hotel Group with 16 Projects/3,385 Rooms.

  12. Germany Leads Europe’s Hotel Construction Pipeline; London Ranked As Top City June 5, 2018
    According to analysts at Lodging Econometrics (LE), the top countries in the Europe Construction Pipeline by project count are: Germany with 246 Projects/47,927 Rooms, United Kingdom with 246 Projects/36,585 Rooms, and France with 121 Projects/13,618 Rooms. Next, all with 80 projects, is Russia with 80 Projects/15,520 Rooms, Poland with 80 Projects/12,468 Rooms, and Portugal with 80 Projects/8,310 Rooms. These three countries are followed closely by Spain with 79 Projects/11,457 Rooms and Turkey with 70 Projects/11,278 Rooms.

    Cities in Europe with the largest pipelines by room count are: London with 78 Projects/13,601 Rooms, Dusseldorf with 39 Projects/8,461 Rooms, Frankfurt with 29 Projects/6,174 Rooms, Hamburg with 27 Projects/5,934 Rooms, Warsaw with 30 Projects/5,916 Rooms, Munich with 26 Projects/5,664 Rooms, Moscow with 25 Projects/5,628 Rooms, and Istanbul with 30 Projects/5,368 Rooms.

  13. Europe’s Hotel Construction Pipeline Is Healthy and Continues To Rise June 4, 2018
    According to a recent Hotel Construction Pipeline Trend Report for Europe, analysts at Lodging Econometrics state that the Total Pipeline is climbing steadily with 1,366 Projects/214,792 Rooms, a 29% increase by projects Year-Over-Year (YOY). The pipeline in Europe has nearly doubled since the cyclical low of 687 Projects/116,272, recorded in Q3 of 2010.

    There are 715 Projects/115,869 Rooms Under Construction, up 36% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 391 Projects/61,928 Rooms, up 35%, while projects in Early Planning are at 260 Projects/36,995 Rooms are up by 7%.

  14. Top Hotel Companies, Countries & Cities In Latin America’s Construction Pipeline June 1, 2018
    Lodging Econometrics (LE) reports that the top hotel companies in Latin America’s Construction Pipeline by projects are: AccorHotels with 112 Projects/15,988 Rooms, Marriott International with 98 Projects/15,515 Rooms and Hilton Worldwide with 66 Projects/10,331 Rooms. The largest brands in the Pipeline for each of these companies are: Accor’s, midscale brand, Ibis with 44 Projects/5,648 Rooms, Hilton Garden Inn with 18 Projects/2,599 Rooms and Courtyard by Marriott with 12 Projects/1,761 Rooms.

    The top countries in the Latin America Construction Pipeline are: Brazil with 229 Projects/37,837 Rooms, Mexico with 185 Projects/33,176 Rooms, and Colombia with 60 Projects/9,531 Rooms. Cities in Latin America with the largest pipelines are: Lima, Peru with 29 Projects/4,794 Rooms, Sao Paulo, Brazil with 22 Projects/3,890 Rooms and Cancun, Mexico with 21 Projects/8,326 Rooms.

  15. Latin America’s Construction Pipeline Is Stalling May 31, 2018
    According to the recent Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Construction Pipeline in Latin America has 776 Projects/134,143 Rooms, down 8% by projects Year-Over-Year (YOY).

    There are 365 Projects/64,004 Rooms Under Construction, down 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 213 Projects/33,536 Rooms, up 28%, while those in Early Planning are at 198 Projects/36,603 Rooms, down 32% YOY.

  16. Extended-Stay Hotels Account for 27% of All Projects Under Construction May 29, 2018
    According to recent reports from Lodging Econometrics (LE), 1,360 Projects/143,379 Rooms in the U.S. Construction Pipeline are Extended-Stay projects. Of these, 428 Projects/47,340 Rooms are already Under Construction, accounting for 27% of all projects Under Construction in the Total Pipeline. Additionally, 628 Projects/66,846 Rooms are Scheduled to Start Construction in the Next 12 Months while an additional 304 Projects/29,193 Rooms are in Early Planning.

    Home2 Suites by Hilton currently has the largest Extended-Stay Pipeline with 377 Projects/39,474 Rooms. The second largest brand is Marriott’s Towneplace Suites with 206 Projects/21,193 Rooms, followed by its Residence Inn brand with 200 Projects/24,978 Rooms. IHG’s Staybridge Suites follows suit with 139 Projects/14,740 Rooms.

    By the end of 2018, 320 Projects/33,961 Rooms are expected to open in the extended-stay segment in the U.S., with another 309 Projects/33,087 Rooms in 2019. In 2017, 259 extended-stay hotels with 28,990 rooms opened in the U.S.

  17. 2.5% Growth Rate of New Hotel Openings Expected in 2018 and 2019 May 29, 2018
    By the end of 2018, the Census of Open & Operating Hotels in the U.S. is expected to grow by 2.5% with 1,146 Projects/130,877 Rooms opening up according to published reports from Lodging Econometrics (LE). Of those expected to open, 511 Projects/50,105 Rooms will be Upper Midscale, the highest count of any chain scale and 45% of all new openings.

    In 2019, the Census is expected to grow another 2.5% by opening 1,215 Projects/137,105 Rooms, about 6% more projects than are anticipated to open in 2018. In 2019, New York is again the top market for New Hotel Openings with 47 Projects/7,239 Rooms.

  18. 43% Of All U.S. Construction Pipeline Projects Are Upper Midscale May 29, 2018
    Analysts at Lodging Econometrics (LE) report that together the Upper Midscale and Upscale Pipelines comprise 72% of all projects in the Total Pipeline. The Upper Midscale category, including unbranded projects, has 2,278 Projects/233,150 Rooms and is the largest chain scale in the U.S. Construction Pipeline. The second largest chain scale including unbranded is the Upscale category which has 1,529 Projects/208,334 Rooms.

    The brands with the largest number of projects in Upper Midscale are: IHG’s Holiday Inn Express with 438 Projects/40,657 Rooms and from Hilton, Home2 Suites 377 Projects/39,474 Rooms and Hampton Inn & Suites with 316 Projects/32,132 Rooms. In Upscale, the largest brand pipelines belong to: Marriott’s Residence Inn with 200 Projects/24,978 Rooms and SpringHill Suites with 176 Projects/20,124 Rooms, and IHG’s Staybridge Suites with 139 Projects/14,740 Rooms.

  19. Projects in Canada’s Pipeline Are Up 11% May 24, 2018
    According to Lodging Econometrics (LE), the total Construction Pipeline in Canada currently has 237 Projects/29,881 Rooms, up 11% by projects Year-Over-Year (YOY).

    There are 90 Projects/11,811 Rooms Under Construction, up 20% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 93 Projects/10,658 Rooms, up 11%, while those in Early Planning are at 54 Projects/7,412 Rooms, down 2%.

    The top hotel companies in Canada’s Construction Pipeline by projects are: Marriott with 54 Projects/7,718 Rooms, InterContinental Hotels Group (IHG) with 44 Projects/4,528 Rooms, and Hilton with 38 Projects/4,319 Rooms. The largest brands in the Pipeline for each of these companies are: Courtyard by Marriott with 11 Projects/1,596 Rooms, IHG’s Holiday Inn Express with 29 Projects/3,017 Rooms and Hilton’s Hampton Inn & Suites with 14 Projects/1,428 Rooms.

    Cities in Canada with the largest pipelines are: Toronto with 34 Projects/4,915 Rooms, Calgary with 15 Projects/2,310 Rooms and Edmonton with 12 Projects/1,825 Rooms.

  20. Marriott Leads All Franchise Companies For Largest Construction Pipeline May 9, 2018
    The Marriott International Construction Pipeline currently has 1,383 Projects/177,926 Rooms, the largest of any franchise company in the U.S. Their largest brands are: Fairfield Inn with 293 Projects/28,418 Rooms, TownePlace Suites with 206 Projects/21,193 Rooms and Residence Inn with 200 Projects/24,978 Rooms. These three brands comprise over 50% of Marriott’s Total Pipeline.

    Marriott has 1/3 all rooms Under Construction in the U.S., with 502 Projects/68,316 Rooms currently in the ground. Additionally, they have 695 Projects/86,761 Rooms Scheduled to Start Construction in the Next 12 Months and 186 Projects/228,849 Rooms in Early Planning.

    Marriott is forecasted to opened 348 new hotels with 43,415 rooms in 2018, accounting for 31% of all new hotels anticipated to open this year. in 2019, Marriott is expected to open 348 Projects/43,415 Rooms.

  21. Top Franchise Companies & Brands in the U.S. Construction Pipeline May 4, 2018
    According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are: Marriott with 1,383 Projects/177,926 Rooms, Hilton with 1,337 Projects/149,075 Rooms and IHG with 923 Projects/94,296 Rooms. These 3 franchise companies comprise 69% of all projects in the Total Pipeline.

    The largest brands for each of these companies are: Marriott’s Fairfield Inn with 293 Projects/28,418 Rooms and TownePlace Suites with 206 Projects/21,193 Rooms; Hilton’s Home2 Suites with 377 Projects/39,474 Rooms and Hampton Inn & Suites with 316 Projects/32,132 Rooms; and IHG’s Holiday Inn Express with 438 Projects/40,657 Rooms, the largest brand pipeline in the country, and Staybridge Suites with 139 Projects/14,740 Rooms.

    By the close of 2018, Marriott is forecasted to open 348 Projects/43,415 Rooms, Hilton is set to open 296 projects/33,171 Rooms and IHG expects 172 Projects/18,031 Rooms to open. Marriott also leads in new openings for 2019 with 336 Projects/42,286 Rooms, Hilton is anticipating 281 Projects/30,983 Rooms to open next year and IHG expects 230 Projects/22,807 Rooms.

  22. U.S. Markets with the Largest Construction Pipelines and Highest 2018 Growth Rates May 3, 2018
    According to analysts at Lodging Econometrics (LE), the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 169 Projects/29,641 Rooms, Dallas with 159 Projects/19,149 Rooms, Houston with 148 Projects/16,158 Rooms, Nashville 119 Projects/15,992 Rooms and Los Angeles which has 115 Projects/17,155 Rooms in its pipeline.

    The top market in the U.S. by Census growth rate for 2018 is Nashville which is expected to grow its Census by 8.8% if all 27 Projects/3,703 Rooms of expected openings occur by the end of the year. Following is New York with a 7.3% growth rate for opening 50 Projects/8,437 Rooms and Seattle with 6.3% growth if the anticipated 20 Projects/2,890 Rooms open.

  23. The U.S. Construction Pipeline Showed Healthy Growth in the First Quarter May 2, 2018
    The U.S. Construction Pipeline kicked off the first quarter of 2018 with 5,255 Projects/636,174 Rooms, up 4% by projects and 6% by rooms Year-Over-Year (YOY), according to analysts at Lodging Econometrics (LE). In comparison to the highest Pipeline level recorded by LE, the current quarter is just 628 Projects/149,373 Rooms, or 11% beneath the peak which occurred in Q208. We expect the Pipeline to continue its modest growth through 2018.

    There are 1,592 Projects/205,449 Rooms Under Construction, up 5% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 2,297 Projects/272,459 Rooms are down 5% by projects YOY and projects in Early Planning are at 1,366 Projects/158,366 Rooms, up 23% YOY.

Ask the Experts

LE’s Lodging Real Estate and Market Intelligence Experts are happy to offer insights and support to journalists and media specialists reporting on the lodging real estate, lender and vendor industries. For media inquiries or specific information requests, please contact:

Rebecca Evans
Director of Marketing Communications

+1 603.427.9547
revans@lodgingeconometrics.com