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.
Canada’s hotel construction pipeline
The pipeline is down a mere 3% by projects and up 2% by rooms, year-over-year.
Dallas leads U.S. hotel construction pipeline
At the close of the fourth quarter of 2021, Dallas leads the U.S. markets in the number of pipeline projects with 152 projects/18,180 rooms.
Saudi Arabia and the U.A.E. Lead the Middle East Hotel Construction Pipeline
While the region’s road to recovery thus far has been longer than originally expected, recent statistics suggest there is a brighter future ahead.
Dallas tops the U.S. hotel construction pipeline in Q3
Top five markets with the largest total hotel construction pipelines by projects are: Dallas, Atlanta, Los Angeles, New York City, and Houston.
