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Lodging Econometrics’ (LE’s) Q1 2024 Hotel ConstructionPipeline Trend Report reveals steady growth in China’s constructionpipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY).
According to the Q3 2023 Middle East ConstructionPipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel constructionpipeline in the region stands at 585 projects/139,582 rooms. Project counts in the region are up 9%, while room counts show a 3% increase year-over-year (YOY).
According to the Q2 2023 United States ConstructionPipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel constructionpipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. constructionpipeline.
In the latest United States ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts report that constructionpipeline projects in the U.S. At the close of the first quarter, projects currently under construction stand at 1,051 projects/140,365 rooms, each showing 9% growth YOY. supply increase.
Lodging Econometrics’ (LE’s) Q1 2024 Hotel ConstructionPipeline Trend Report reveals steady growth in China’s constructionpipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY).
The latest Latin America ConstructionPipeline Trend Report by Lodging Econometrics (LE) reveals robust growth in the region’s hotel construction sector. The upper-upscale chain scale closed the quarter with 103 projects/21,403 rooms, down slightly from its peak, which was reached in Q4 ‘23.
development pipeline. The more than 23,000 upper-upscale rooms in construction right now represent 3.4% rooms in construction fell slightly in March, which aligns with patterns in previous years. .” rooms in construction fell slightly in March, which aligns with patterns in previous years. ” U.S. ” U.S.
According to the Q1 2024 Hotel ConstructionPipeline Trend Report for Europe from Lodging Econometrics (LE), the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. These three chain scales account for 55% of the projects in the region’s total constructionpipeline.
The Q2 2024 Middle East Hotel ConstructionPipeline Trend Report from Lodging Econometrics reveals that hotel construction projects in the region have reached 607 projects with 147,088 rooms at the quarter’s close. As of Q2, 300 projects with 80,867 rooms are currently under construction throughout the Middle East.
According to the Q1 2024 Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia-Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. These three countries account for 50% of the projects in the region’s total pipeline.
The Q1 2024 LE Market Trend Report for the market highlights that Charlotte has a total of 67 hotel projects and 7,772 rooms in the constructionpipeline, positioning it 15th among the top 25 U.S. Within the Charlotte market, at the close of the first quarter, hotels under construction stand at 11 projects/1,435 rooms.
As seen in Lodging Econometrics’ (LE’s) Q2 2024 Hotel ConstructionPipeline Trend Report for China, the country’s hotel constructionpipeline has reached unprecedented heights at the close of the second quarter. China had 219 projects/37,261 rooms start construction in Q2.
According to the most recent ConstructionPipeline Trend Report for the U.S. constructionpipeline stands at 5,704 projects/672,676 rooms, up 7% year-over-year (YOY) by projects and rooms. At the close of the third quarter, there are 1,063 projects/140,331 rooms under construction, up 8% by projects and 4% by rooms YOY.
Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there are 6,095 projects with 713,151 rooms in the pipeline. LE expects that as interest rates begin to decline, projects scheduled to start in the next 12 months will move to under construction rather quickly.
According to the Q3 2022 Middle East ConstructionPipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel constructionpipeline in the region stands at 535 projects/134,897 rooms.
Vietnam has also been a focus, with four hotels already open and eight in the development pipeline, including upcoming openings in sought-after coastal locations such as Mui Ne and Hoi An, along with the signing of the first Radisson Red in Danang. This expansion aims to tap into new market segments and create opportunities for growth.
In the Q3 2023 China ConstructionPipeline Trend Report by Lodging Econometrics (LE) , at the end of the quarter, China’s total constructionpipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY).
According to the recent ConstructionPipeline Trend Report by Lodging Econometrics (LE) , the Asia Pacific, excluding China (APEC), hotel constructionpipeline hit an all-time high at the Q4 2024 close, climbing 5% year-over-year (YOY) to reach record counts of 2,085 projects/412,358 rooms.
According to the recent Asia-Pacific, excluding China (APEC), ConstructionPipeline Trend Report from Lodging Econometrics (LE), the total hotel constructionpipeline in the region increased 4% year-over-year (YOY) and closed 2023’s fourth quarter with a record-high 1,977 projects and 402,156 rooms.
According to the Q3 2024 Europe Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), analysts report that the region’s total pipeline stands at 1,645 projects/244,548 rooms. The leading countries in Europe’s constructionpipeline are the U.K.
According to the latest China ConstructionPipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel constructionpipeline remained stable at 3,779 projects/681,915 rooms at the close of the fourth quarter of 2024, showing minimal change year-over-year (YOY).
In the recently released Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), Asia-Pacific’s total constructionpipeline, 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.
ConstructionPipeline Trend Report from Lodging Econometrics (LE), the pipeline stands at 5,964 projects/693,963 rooms. The pipeline hit record project counts at Q4, with the addition of 260 projects and 21,287 rooms over last quarter, and a 9% increase by projects and a 7% increase by rooms year-over-year (YOY).
Hotel ConstructionPipeline Trend Report paints a picture of robust growth and strategic focus. As economic conditions evolve, particularly with anticipated interest rate reductions, we can expect to see many of these planned projects move swiftly into the under-construction phase. Lodging Econometrics’ (LE) Q2 2024 U.S.
As seen in the most recent ConstructionPipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.
To accommodate demand, cities like Atlanta, Chicago, Dallas, Las Vegas, Los Angeles, Miami, New Orleans, New York City, Orlando and San Diego have an abundance of new hotel construction, renovation and brand conversion activity underway. Through Q3 2023, New York also has the most new construction starts of any market in the U.S.
Hotel renovation and conversion pipeline activity, at the end of the fourth quarter of 2022, is at the highest totals Lodging Econometrics (LE) has ever recorded. Renovations and conversions account for more projects and rooms than those that are currently in the under construction stage of the new constructionpipeline.
Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. The details can be seen directly within the stages of the pipeline, which all saw YOY growth in Q1. As seen in the Q1 2024 U.S. resulting in a 1.5%
In the Latin America ConstructionPipeline Trend Report from Lodging Econometrics (LE) , analysts report the total constructionpipeline stands at 579 projects/95,144 rooms at the close of Q3 2023. The region’s pipeline project counts are up slightly, at 6% year-over-year (YOY) by projects and 5% YOY by rooms.
According to the Q4 2022 ConstructionPipeline Trend Report for the Asia Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total constructionpipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY).
As seen in the Q3 2024 Middle East Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE) , the hotel constructionpipeline 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).
According to Lodging Econometrics ’ (LE’s) ConstructionPipeline Trend Report for Q1 2023, the hotel constructionpipeline in Latin America, quarter-over-quarter, has increased 2% by projects and 3% by rooms. Of the 546 projects/90,193 rooms, 226 projects/40,034 rooms are under construction throughout Latin America.
A midyear snapshot of performance in the top 65 markets in the US indicates that on a trailing 12-month basis through May, RevPAR is up slightly year over year (due to slight increases in both occupancy and ADR) and this is largely driven by increases in the top three chain scales: luxury, upscale and upper upscale.
A midyear snapshot of performance in the top 65 markets in the US indicates that on a trailing 12-month basis through May, RevPAR is up slightly year over year (due to slight increases in both occupancy and ADR) and this is largely driven by increases in the top three chain scales: luxury, upscale and upper upscale.
According to the Q3 2023 Middle East ConstructionPipeline Trend Report from Lodging Econometrics (LE) , at the end of the third quarter, the hotel constructionpipeline in the region stands at 585 projects/139,582 rooms. Projects presently under construction stand at 320 projects/83,760 rooms.
The Q2 2024 Canada Hotel ConstructionPipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of Q2, there are 322 projects/40,297 rooms in the country’s total pipeline. Together the two provinces account for 77 per cent of the projects and 81 per cent of the rooms in Canada’s total pipeline at Q2.
According to the Q3 2022 Middle East ConstructionPipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, the hotel constructionpipeline in the region stands at 535 projects/134,897 rooms. At the close of the third quarter, projects presently under construction stand at 320 projects/87,149 rooms.
There are so many constraints and challenges in property development at the moment with the escalating construction costs and labour shortages across the industry, so finding ways to deliver a whole number of different uses within the building is the only way to do it in a lot of inner-city developments. Can you tell us a bit about that?
In the Q3 2023 Hotel ConstructionPipeline Trend Report by Lodging Econometrics (LE) , analysts state that Europe’s total constructionpipeline currently stands at 1,673 projects/249,264 rooms, up 1% by projects year-over-year (YOY).
The Q2 2024 Latin America constructionpipeline trend report from Lodging Econometrics (LE) indicates a positive growth trajectory for the region’s hospitality sector, with stable growth in new hotel openings forecast through 2026. These two countries account for 52% of the projects and 49% of the rooms in the total pipeline.
s) Q1 2024 Hotel ConstructionPipeline Trend Report reveals steady growth in China's constructionpipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year-over-year (YOY). Lodging Econometrics? (LE?s)
The Q2 2024 Canada Hotel ConstructionPipeline 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. Together the two provinces account for 77% of the projects and 81% of the rooms in Canada’s total pipeline at Q2.
According to the Q4 2022 ConstructionPipeline Trend Report for the Asia-Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total constructionpipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY).
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