The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the global hotel construction pipeline hit all-time high project counts in Q4. At the close of 2023, LE analysts stated that the total global construction pipeline stands at 15,196 projects/2,367,727 rooms, a 7 percent increase in projects, and a 3 percent increase in rooms year-over-year (YOY). There were 6,160 projects/1,096,748 rooms currently under construction worldwide in Q4 2023, for a […]

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