Marriott, Hilton and IHG Comprise 68% of All Projects in Total U.S. Construction Pipeline
November 9, 2017 10:55am
November 9, 2017 – PORTSMOUTH, NH
According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are; Marriott with 1,298 Projects/166,419 Rooms, Hilton with 1,270 Projects/144,191 Rooms and IHG with 817 Projects/83,728 Rooms. These 3 franchise companies comprise 68% of all projects in the Total Pipeline.
The largest brands for each of these companies are; Marriott’s Fairfield Inn with 284 Projects/27,411 Rooms and Residence Inn with 189 Projects/23,605 Rooms; Hilton’s Home2 Suites with 348 Projects/36,439 Rooms and Hampton Inn & Suites with 324 Projects/33,627 Rooms; and IHG’s Holiday Inn Express with 442 Projects/41,053 Rooms and Staybridge Suites with 129 Projects/13,635 Rooms.
The companies with the most New Project Announcements into the Pipeline in the first three quarters are; Hilton with 324 Projects/35,637 Rooms, Marriott with 248 Projects/32,166 Rooms and Choice with 196 Projects/13,735 Rooms. These three companies represent 74% of all new Projects Announced into the Pipeline.
Tags: united states construction pipeline trend report,
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
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