Close

Cart

Total $0.00

Checkout

November 8, 2017 – PORTSMOUTH, NH

Marriott International, due in part to the acquisition of the Starwood brands, currently has the largest construction pipeline of any franchise company with 1,298 Projects/166,419 Rooms. Their largest brands in the Total Pipeline are: Fairfield Inn with 284 Projects/27,411 Rooms, Residence Inn with 189 Projects/23,605 Rooms and TownePlace Suites with 183 Projects/18,590 Rooms.

Marriott has the most rooms currently Under Construction with 516 Projects/69,721 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with 616 Projects/75,302 Rooms. Marriott also has 166 Projects/21,396 Rooms in Early Planning,

Marriott is forecasted to opened 257 new hotels with 32,886 rooms in 2017, accounting for 26% of all new hotels anticipated to open this year. The Marriott brands with the largest number of new hotels expected to open by year-end are Fairfield Inn with 70 Hotels/6,476 Rooms and Residence Inn with 37 Hotels/4,754 Rooms.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.

Contact: Emily Dennison

edennison@lodgingeconometrics.com / +1 603.427.9544

Related News

Marriott’s Expansion in the Middle East & Africa Aims to Increase Portfolio by 50 Percent and Debut Additional Brands

Andrew Simpson Appointed Executive Chef at The Westin Resort and Spa Langkawi

Owned and Managed by PeachState Hospitality, the Dual-Branded Courtyard and Fairfield Inn & Suites to Open in Lithia Springs, Georgia

Sheraton Dallas Hotel Hires Mark Woelffer as General Manager

North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA

7% Year-Over-Year Growth in the Global Construction Pipeline With 12,631 Projects in Total Pipeline

Growth Remains Steady for China’s Construction Pipeline With Projects Up 6% YOY

Asia Pacific Pipeline Excluding China Is Booming With Projects Up 13% YOY

Europe Hotel Construction Pipeline Booming With 22% YOY Growth and Middle East Pipeline Up With 11% YOY Growth

Marriott Partners with Owner/Developer Jinshan Investment Group to Debut Le Méridien Brand in Melbourne

Egypt's Legendary Mena House Rebrands as Marriott Mena House, Cairo Offering 331 Guestrooms Close to Great Pyramids of Giza

Latin America's Construction Pipeline Stalling With Pojects Down 5% YOY

Projects in Canada's Construction Pipeline Up 17% YOY

Mid-Market Brands Led Hotel Sales Volume in 2017

Orlando Tops 2017 Markets with 21 Hotels Sold and Average Selling Price Per Room of $96,402

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Extended-Stay Hotels Account for 27% of All Projects Under Construction

2.5% Growth Rate of New Hotel Openings Expected in 2018 & 2019

Upper Midscale and Upscale Projects Lead the U.S. Construction Pipeline Comprising 67% of Total Pipeline

Marriott, Hilton and IHG Lead U.S. Construction Pipeline Comprising 69% of Total Pipeline

All News »

Please login or register to post a comment.