Home

Contact Us

About Us

Resources

        
 

 
 
 
 

Contact:  Kathleen Hurley

Phone: +1 603-431-8740 ext. 12

Email: khurley@lodgingeconometrics.com

November 6, 2008
 

LE’s Inaugural Global Construction Pipeline Report Details the Worldwide Lodging Construction Boom at a Total of 10,781 Projects/1,819,486 Rooms

 

Pipeline Highlights at H1 2008
 

  • The Total Global Construction Pipeline is at a record high in H1 2008, with 10,781 projects and 1,819,486 rooms, up 28% year-over-year (YoY).

  • 41% of Total Pipeline projects and 46% of Total Rooms are already Under Construction. Because of this, LE’s Forecast for New Hotel Openings is set to accelerate in 2010.

  • The United States has the largest Pipeline with 43% of the Global Total, followed by Asia Pacific, then Europe.

  • A fall-off in Pipeline totals is becoming evident, as developer sentiment is impacted by the credit crisis and economic slowdown. This points to a possible cresting for New Openings after 2010.

To view the entire Executive Summary for LE’s Global Construction Pipeline Report, including the Forecast for New Hotel Openings and timely trend line graphics, please click here.
 

Lodging Econometrics (LE) specializes in:

Development Pipeline Reports - Summaries & Individual Project Records

      With Three-Year Forecasts for New Hotel Openings for every country and market

Contact Names for Owners & Management of Open & Operating Hotels (Census)

      Essential for companies inquiring about acquisitions or adding to their asset management portfolio

Competitive Set Reports – For the Development Pipeline and Open & Operating Hotels

      Customized for your particular competitive set with summaries by market, country, region, and globally

To learn more about LE’s Global Construction Pipeline Report, or to inquire about Development Pipeline Reports for any region, country, or market worldwide, please contact LE’s Sales Representatives at 603-431-8740, ext. 25 or email: info@lodgingeconometrics.com.

LE welcomes your comments on this report and observations on the Lodging Industry.

We invite you to contribute here.
 
 
 

© 2008 Lodging Econometrics, The Global Authority For Hotel Real Estate, 500 Market St. Suite 13, Portsmouth, NH 03801, USA,

Phone: +1 603-431-8740, Ext 25