Lodging Econometrics: Global Hotel Construction Pipeline Up 3 Percent Year-Over-Year
Finance & Development : Lodging Magazine
AUGUST 31, 2023
In the Q2 2023 Global Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts stated that the total global construction pipeline stood at 14,572 projects/2,310,238 rooms, up 3 percent year-over-year (YOY) by projects and 1 percent YOY by rooms. Worldwide, at the close of the second quarter, there are 6,154 projects/1,108,498 rooms under construction, 3,679 projects/506,760 rooms scheduled to start within the next 12 months, and 4,739 projects/694,980 rooms in the early planni
Let's personalize your content