At the end of Q1 ‘22, China’s total hotel construction pipeline reached record high project and room counts.
APAC hotel construction pipeline shows YOY growth
Hotel construction pipeline in the Asia Pacific region, excluding China, is up 7% by projects and 9% by rooms Year-Over-Year.
Latin America’s hotel construction pipeline
Latin America hotel construction pipeline is down 7% by projects and 11% by rooms, year-over-year at the end o Q1 2022.
Province of Ontario leads Canada’s hotel construction pipeline
At the close of the first quarter, projects under construction in Canada stand at 62 projects/8,114 rooms.
Marriott, Hilton, and IHG lead U.S. construction pipeline
These three companies combined account for 67% of the projects and 66% of the rooms in the total U.S. construction pipeline.
Dallas continues to lead the U.S. hotel construction pipeline
Following Dallas, the U.S. markets with the largest hotel construction pipelines by project count are Atlanta, Los Angeles, New York, and Phoenix.
Hotel construction pipeline projects up year-on-year
According to the Q1 2022 Construction Pipeline Trend Report for the United States from Lodging Econometrics, the total U.S. construction pipeline stands at 5,090 projects.
Global hotel construction pipeline even year on year
Year-over-year the total global pipeline decreased 1% by projects and is largely unchanged by rooms.
Middle East construction pipeline sees slight growth
Following an eight consecutive quarter downward trend, this is the second consecutive quarter project counts have increased in the region since Q3 ‘19.
Europe hotel construction at year-end 2021
Lodging Econometrics reports Europe’s hotel construction pipeline stands at 1,824 projects and 295,152 rooms at the close of the fourth quarter.
