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 through 2010.

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

• 82% of Total branded Pipeline projects are select service hotels from the Upscale, Mid-Market and Economy chain scales.

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 Sales Solution Programs including:

Individual Sales Lead Records

          All the details needed to call on the most important accounts when decisions about your product or  

          service are being considered

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

          Essential for conducting telemarketing and direct mail activities to prospect for product replacement

          programs

Strategic Planning Summaries

          Direct your sales force with an executive summary that includes project and guest room counts for each

          of your Sales Reps and their Territories, for Key Developers and their Project Team Members, and for

          every Company and Brand