The global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, states that the total pipeline stands at 12,714 projects/2,139,002 rooms, up 7% by projects year-over-year (YOY).

There are 5,952 projects/1,115,288 rooms under construction, up 8% by projects YOY. Projects scheduled to start construction in the next 12 months, at 3,988 projects/584,433 rooms, are up 6% while projects in early planning at 2,774 projects/439,281 rooms are up 5% YOY.

The leading 5 franchise companies in the global construction pipeline by project-count are: Marriott International with 2,381 projects/398,238 rooms, Hilton Worldwide with 2,180 projects/322,857 rooms, InterContinental Hotels Group (IHG) with 1,600 projects/234,807 rooms, AccorHotels with 781 projects/140,396 rooms, and Choice Hotels with 629 projects/153,992 rooms.

The leading brands for each of these companies are: Marriott’s Fairfield Inn with 357 projects/38,826 rooms, Hilton’s Hampton Inn & Suites with 599 projects/75,642 rooms, IHG’s Holiday Inn Express with 709 projects/86,836 rooms, Accor’s Ibis with 156 projects/22,361 rooms, and Choice’s Comfort Suites with 126 projects/10,983 rooms.

Asia Pacific’s Top Countries and Cities for Hotel Construction Excluding China

According to analysts at Lodging Econometrics (LE), the top countries in the Asia Pacific Construction Pipeline, excluding China, by project count are: Indonesia with 394 Projects/66,154 Rooms, Japan with 228 Projects/46,356 Rooms, India with 206 Projects/33,501 Rooms, Malaysia with 137 Projects/36,244 Rooms and Thailand with 134 Projects/31,964 Rooms. 

Cities with the largest pipelines by project count are: Jakarta, Indonesia with 101 Projects/19,010 Rooms; Seoul, South Korea with 80 Projects/15,738 Rooms; Tokyo, Japan with 73 Projects/16,885 Rooms; Kuala Lumpur, Malaysia with 58 Projects/14,834 Rooms and Bangkok, Thailand with 52 Projects/11,805 Rooms.

www.lodgingeconometrics.com