According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Following Marriott is Hilton Worldwide with 1,351 projects/152,383 rooms and InterContinental Hotels Group (IHG) with 787 projects/79,382 rooms. Combined, these three companies account for 66% of the projects and 64% of the rooms in the total pipeline. Each company has seen growth year-over-year.
PREM Hospitality is ready for international expansion
The Irish Hospitality Management specialist sees Belgium and The Netherlands as a strategic hub for its expansion of short-stay and long-stay locations across continental Europe and expects considerable growth in the coming years with eight hotels in the pipeline.
German hotel market still leading in Europe
Currently there are 595 hotels in the pipeline for Germany, which equates to almost a third of all hotel construction projects in Europe.
Dubai hotel pipeline hitting a high mark
A boutique hotel is slated for one of Dubai’s most notable projects, a sky-high tower that is set to be bigger that its neighbour, Burj Khalifa.
Europe’s economic recovery and construction pipeline may face new challenges
The investment climate has changed markedly as much of Europe is now in a reactionary mode, on the watch for further economic and political headwinds.
The hotel development boom in Africa: a closer look at the pipeline mix
The findings of this year’s Hotel Chain Development Pipeline Survey show that Hilton is leading the race to develop new hotels in Africa, with Carlson Rezidor and Marriott hot on its heels.
