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LE: Significant U.S. hotel supply growth expected through 2026

Hotel Business

LE expects that as interest rates begin to decline, projects scheduled to start in the next 12 months will move to under construction rather quickly. These two chain scales are forecast to have the highest growth rates, through 2026. in 2025; and in 2026, the chain scales should have 3% and 2.6% growth, respectively.

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LE: More than 1K new hotels to open in Europe by 2026

Hotel Business

Projects planned to start construction in the next 12 months account for 412 projects/59,850 rooms, making up 25% of the projects and 24% of the rooms. Projects in the early planning stage comprise 513 projects/71,696 rooms, accounting for 31% of the projects and 29% of the rooms in the total pipeline.

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LE: Nearly half of Europe’s Q3 pipeline is under construction

Hotel Business

Projects scheduled to start construction in the next 12 months account for 399 projects/57,828 rooms, making up 24% of both projects and rooms. Projects in the early planning stage comprise 508 projects/72,329 rooms, accounting for 31% of the projects and 29% of the rooms in the total pipeline.

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LE: APEC construction pipeline reaches new highs in Q3

Hotel Business

Hotel projects currently under construction stand at 848 projects/197,576 rooms, while those scheduled to start in the next 12 months stand at 354 projects/64,571 rooms at the end of Q3. The upper-upscale, upscale and upper-midscale chain scales account for 61% of projects and 64% of the rooms in the pipeline.

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LE: Canadian hotel development reaches historic heights

Hotel Business

Another 69 projects (9,768 rooms) in Canada are scheduled to begin construction within the next 12 months. Ontario dominates provincial hotel construction, accounting for 59% of projects and 61% of rooms countrywide with record counts of 193 projects/24,697 rooms. increase in supply.

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LE: Dallas leads nation’s hotel construction boom

Hotel Business

These top five markets combined account for 732 projects/88,904 rooms. Dallas, with 73 projects/8,708 rooms, has the most projects scheduled to start in the next 12 months. During the third quarter, 401 new project announcements (NPAs), accounting for 42,413 rooms, were revealed. In Q3, five U.S.

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LE: China’s construction projects hit record high in Q3

Hotel Business

Projects scheduled to start construction in the next 12 months stand at 348 projects/60,095 rooms, down a slight 2% by projects and 8% by rooms YOY. Combined, these two chain scales account for 59% of both projects and rooms in China’s hotel construction pipeline.