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Lodging Econometric: Dallas Again Leads U.S. Construction Pipeline

Lodging

hospitality industry, the Q4 2023 U.S. Construction Pipeline Trend Report by Lodging Econometrics (LE) shed light on cross-market trends. Dallas emerged as the strongest market, leading the nation with a record-breaking 193 projects/22,291 rooms, signifying Dallas’s growth and confidence in the hospitality sector.

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Andaz Turks & Caicos to Begin Construction

Hospitality Net

Andaz Turks & Caicos closed the final phase of financing and will immediately begin construction, marking an important milestone for the highly-anticipated resort and residential property that is poised to bring a fresh, modern luxury offering to the island and famed Grace Bay Beach.

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In Canada, Lodging Econometrics Reports a 54% Increase in Projects Under Construction at Q2 2024

Hospitality Net

The Q2 2024 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of the quarter, there are 322 projects/40,297 rooms in the country’s total pipeline. These record-high project and room counts represent a 17% increase in projects and an 8% increase in rooms year-over-year (YOY).

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Hotel Construction Pipeline Growth in Asia Pacific, Excluding China, Remains Steady at Q3 Close

Hospitality Net

In the recently released Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, continued to show steady year-over-year (YOY) growth to end the third quarter of 2023 at 1,929 projects/398,199 rooms, up 3% by projects YOY.

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Growing Early Planning Project Counts and Increased New Project Announcements Drive Europe’s Hotel Construction Pipeline at the Q1 Close

Hospitality Net

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776 projects/266,901 rooms.

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The Global Construction Pipeline Ascends to Record Project Counts at 2023 Year-End

Hospitality Net

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline hit all-time high project counts at Q4.

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Record-Breaking Hotel Construction Pipeline in China: Q2 2024 Highlights and Future Forecasts

Hospitality Net

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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