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LE: APEC construction pipeline reaches new highs in Q3

Hotel Business

The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE).

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LE: Record number of projects in U.S. construction pipeline

Hotel Business

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stands at 6,211 projects/722,821 rooms, up 9% by projects and 7% by rooms year-over-year (YOY). surpassing previous pipeline records. pipeline, reaching a new all-time high of 2,315 projects/224,703 rooms. supply increase.

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LE: Middle East Q3 pipeline up 4%

Hotel Business

As seen in the Q3 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , the hotel construction pipeline in the region shows upward momentum, standing at 610 projects/149,686 rooms, up 4% by projects and 7% by rooms year-over-year (YOY).

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LE: Latin America construction pipeline down 3% at Q1 close

Hotel Business

According to Lodging Econometrics ’ (LE’s) Construction Pipeline Trend Report for Q1 2023, the hotel construction pipeline in Latin America, quarter-over-quarter, has increased 2% by projects and 3% by rooms. Marriott International leads hotel franchise companies in Latin America’s construction pipeline with 105 projects/17,344 rooms.

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LE: Latin America construction pipeline expands 11% annually

Hotel Business

Lodging Econometrics’ (LE) Q3 2024 Latin America Construction Pipeline Trend report signals growth for the region’s hospitality industry. The pipeline currently stands at 642 projects and 104,513 rooms, representing robust year-over-year (YoY) increases of 11% in project count and 10% in room count.

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LE: China has record-breaking construction pipeline

Hotel Business

As seen in Lodging Econometrics’ (LE’s) Q2 2024 Hotel Construction Pipeline Trend Report for China, the country’s hotel construction pipeline has reached unprecedented heights at the close of the second quarter. Projects in early planning grew 4% YOY at Q2 to close the quarter at 682 projects/130,715 rooms.

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LE: Dallas leads U.S. hotel construction pipeline

Hotel Business

Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Following closely is Atlanta, setting its own record with 151 projects/18,730 rooms. At the Q4 close, New York City continues to have the greatest number of projects under construction with 44 projects/7,338 rooms.