China’s total hotel construction pipeline dipped slightly at the end of Q4 ’20, down 4% by projects and 1% by rooms year-over-year (YOY).
Europe’s hotel construction pipeline increased by 2%
Rooms under construction are at an all-time high of 967 projects/157,833 rooms.
The New York City market is back on top
New York City leads the U.S. hotel construction pipeline as at the end of 2020.
The U.S. Hotel Construction Pipeline at year-end 2020
As the United States grappled with the ongoing coronavirus pandemic, an election, civil unrest, and the large and rapid partisan shift.
Middle East hotel construction pipeline continues to decline
The Middle East’s pipeline is down for the fifth consecutive quarter.
