WHEN IT COMES to the recent U.S. hotel pipeline, Marriott International has stayed ahead of the competition.
Lodging Econometrics today reported Marriott has 1,298 projects/166,419 rooms in the domestic pipeline. Following close behind is Hilton Worldwide with 1,270 projects/144,191 rooms. InterContinental Hotels Group comes in third with 817 projects/83,728 rooms.
Together, the three franchisers comprise 68 percent of all hotels in the total pipeline.
The largest brands for each of these companies are Marriott’s Fairfield Inn with 284 projects/27,411 rooms and Residence Inn with 189 projects/23,605 rooms; Hilton’s Home2 Suites with 348 projects/36,439 rooms and Hampton Inn & Suites with 324 projects/33,627 rooms; and IHG’s Holiday Inn Express with 442 projects/41,053 rooms and Staybridge Suites with 129 projects/13,635 rooms.
The companies with the most new-project announcements in the first three quarters of 2017 are Hilton with 324 projects/35,637 rooms; Marriott with 248 projects/32,166 rooms; and Choice Hotels International with 196 projects/13,735 rooms. The companies represent 74 percent of all new hotels in the pipeline.