Lodging Econometrics Releases New Global Hotel Construction Pipeline Trend Report
PORTSMOUTH, New Hampshire—The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that as of Q4 2021, the global hotel construction pipeline stands at 13,770 projects/2,304,386 rooms. Year-over-year (YOY) the total global pipeline decreased 1 percent by projects and is largely unchanged by rooms. Worldwide, at year-end, there are 6,101 projects/1,136,680 rooms currently under construction. Projects scheduled to start construction in the next 12 months stand at 3,547 projects/518,159 rooms at the […]
The post Lodging Econometrics Releases New Global Hotel Construction Pipeline Trend Report appeared first on LODGING Magazine.