HOTEL CONSTRUCTION IN the U.S. is trending toward the high end, with upper midscale projects making up 43 percent of all U.S. hotel construction, according to Lodging Econometrics. Combined with upscale projects, those two chain scales make up 72 percent of the pipeline.
There are has 2,278 upper midscale projects with 233,150 Rooms in the pipeline including unbranded properties, according to LE. Upper scale comprises 1,529 projects and 208,334 rooms.
International Hotel Group’s Holiday Inn Express had the most upper midscale developments at 438 projects with 40,657 rooms. Home2 Suites by Hilton holds second place at 377 projects with 39,474 rooms, followed by Hampton Inn & Suites with 316 projects and 32,132 rooms.
Marriott’s Residence Inn leads the upscale pipeline with 200 projects and 24,978 rooms, followed by SpringHill Suites with 176 projects and 20,124 rooms, then IHG’s Staybridge Suites with 139 projects and 14,740 rooms.