Skip to content

Search

Latest Stories

U.S topped global construction pipeline in 2019

Los Angeles, Dallas and New York lead cities list

THE U.S. TOPPED the global hotel pipeline in 2019, according to Lodging Econometrics. Several U.S. cities also topped the list for development.

The total global hotel pipeline hit record highs last year with 15,000 projects and 2,454,954 rooms, an 11 percent increase in projects and an 8 percent increase in rooms over 2018, according to LE. Also, 3,159 new hotels with 446,911 rooms opened worldwide.


In 2018 the global pipeline also set records with a 7 percent increase in projects to 13,573 year-over-year and a 6 percent increase in rooms to 2,265,792.

The U.S. pipeline contained 5,748 projects and 708,898 rooms, slightly short of its all-time high of 5,883 projects with 785,547 rooms set in April to May 2008.

The U.S. accounts for 38 percent of projects in the total global construction pipeline. China, the second on the list with 3,526 projects and 643,435 rooms, accounts for 24 percent, resulting in 62 percent of all global projects in those two countries.

They are followed by Indonesia with 367 projects and 60,354 rooms; the United Kingdom with 346 projects and 49,651 rooms; and Germany with 339 projects and 61,836 rooms.

Cities in the U.S. also had the most hotel projects and rooms. Los Angeles tops the chart with 168 projects and 28,501 rooms, followed by Dallas with 160 projects, 19,787 rooms. New York had 158 projects with 25,825 rooms.

The leading franchise companies globally are Marriott International with 2,799 projects and 471,843 rooms; Hilton Worldwide with 2,414 projects and 354,515 rooms; InterContinental Hotels Group with 1,777 projects and 263,710 rooms; and AccorHotels with 912 projects and 161,868 rooms. Together they account for 53 percent of all projects worldwide.

The top brands are Marriott’s Fairfield Inn, Hampton by Hilton, IHG’s Holiday Inn Express and AccorHotel’s Ibis.

LE predicts that 3,298 hotels are expected to open in 2020, and a further 3,415 hotels next year.

More for you

Brooklyn: Panwala’s Hotel BPM to Reopen this Fall

Panwala’s Hotel BPM Brooklyn to reopen this fall

DJ BIJAL PANWALA’S Hotel BPM Brooklyn in Brooklyn, New York, is set to reopen in late fall following a multi-million-dollar renovation. The 70-room hotel will be managed by Hotel Equites.

Hotel BPM is also known as Hotel Beats Per Minute.

Keep ReadingShow less
AHLA members meet with U.S. lawmakers to discuss key hospitality legislation impacting hotel owners and workers

AHLA shares priorities with lawmakers

AHLA Members Unite on Capitol Hill to Advance Hospitality Legislation

MORE THAN 250 American Hotel & Lodging Association members met with lawmakers in the U.S. Senate and House to discuss legislative priorities critical to the hospitality industry. They raised concerns about tax and trade policies impacting hotel operating costs and travel demand amid ongoing budget reconciliation and tax negotiations.

Members also discussed expanding and upskilling the hospitality workforce through measures such as adjusting the H-2B visa cap and protecting the franchise model, which supports more than half of all U.S. hotels and 2.8 million jobs, the association said in a statement.

Keep ReadingShow less
CBRE: US Hotel RevPAR to Grow 1.3 Percent in 2025

CBRE: RevPAR to grow 1.3 percent in 2025

U.S. HOTEL REVPAR is expected to grow 1.3 percent in 2025, supported by urban markets from group and business travel and increased demand for drive-to and regional leisure destinations, according to CBRE. Occupancy is forecast to rise 14 basis points and ADR 1.2 percent year-over-year.

This represents slower growth than CBRE’s February forecast, which projected 2 percent RevPAR growth based on a 21-basis-point increase in occupancy and a 1.6 percent rise in ADR, the commercial real estate and investment firm said.

Keep ReadingShow less