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Upscale and Upper Midscale Chain Scales Reach New Highs as China’s Construction Pipeline Grows

Hospitality Net

Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, 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).

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Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close

Hospitality Net

According to the Q3 2023 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel construction pipeline 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).

Pipeline 178
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LE: U.S. construction pipeline remains steady

Hotel Business

According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY. construction pipeline.

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LE: U.S. construction pipeline rises in all project stages

Hotel Business

In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline 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.

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LE: China’s Q1 construction pipeline grows

Hotel Business

Lodging Econometrics’ (LE’s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China’s construction pipeline, 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).

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LE: Q1 Latin America construction pipeline up 11%

Hotel Business

The latest Latin America Construction Pipeline 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.

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STR: U.S. hotel pipeline shows confidence in business travel

Hotel Business

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.

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