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.
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.
The Americas and Asia Pacific regions show increased hotel pipeline activity
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter.
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.
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.
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.
Record high counts for franchise companies
The franchise companies with the largest U.S. construction pipelines at year-end 2021 are Marriott International.
