At the close of the first quarter, projects under construction in Canada stand at 62 projects/8,114 rooms.
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.
Decline continues in U.S. hotel construction, but planning activity is up
Planning activity continues to rise nationally with markets like Miami, Phoenix and San Francisco showing increased interest from developers.
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.
China’s hotel construction pipeline closes 2021 at record high
China’s total hotel construction pipeline at the end of the fourth quarter was up 9% by projects and rooms year-over-year.
APAC hotel construction pipeline ends 2021 with record highs
Asia Pacific’s total construction pipeline, excluding China, ended 2021 with Project counts up 5% year-over-year.
Latin America’s hotel construction pipeline
The region’s pipeline experienced an 11% decline in projects and a 7% decrease in rooms, year-over-year in Q4.
