Top five markets with the largest total hotel construction pipelines by projects are: Dallas, Atlanta, Los Angeles, New York City, and Houston.
Marriott leads with the largest U.S. hotel construction pipeline
Franchise companies leading the U.S. construction pipeline with the greatest number of new construction projects are Marriott, Hilton and IHG.
China’s hotel construction pipeline at the end of 2020
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.
Marriott, Hilton and IHG lead hotel construction
68% of the projects in the United States hotel construction pipeline are Marriott, Hilton and IHG brands.
Dallas market leads US hotel construction pipeline
At the close of Q3 2020, the top five U.S. markets are Dallas, Los Angeles, New York City, Atlanta and Houston.
Latin America’s hotel construction pipeline shows continuing decline
Analysts at Lodging Econometrics state in the Q2’20 Latin America Hotel Construction Pipeline Trend Report, that the total construction pipeline is down 4% by projects and rooms, year-over-year.
