7% year-over-year growth in the global construction pipeline

The Lodging Econometrics (LE) 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.

See how your architecture, engineering, or construction firm stacks up against the nation's AEC Giants. For more than 45 years, the editors of Building Design+Construction have surveyed the largest AEC firms in the U.S./Canada to create the annual Giants 400 report. This year, a record 519 firms participated in the Giants 400 report. The final report includes 137 rankings across 25 building sectors and specialty categories.

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