The United States continues to lead all countries with the largest hotel construction pipelines, according to the latest estimates by Portsmouth, N.H.-based Lodging Econometrics, a global real estate consulting firm.
Through the end of the first quarter of 2016, the U.S. had 4,471 projects under construction with an aggregate 551,965 rooms. Those numbers represent 40% of the projects and 29% of its rooms in the global pipeline, which in total is up 5% year-over-year by projects, and 6% by rooms.
New York, with 187 projects and 32,136 rooms, topped all cities worldwide with the largest hotel construction pipelines. “New York City has been adding more hotel rooms at a faster rate than the national average, with new properties springing up as existing ones are being spruced up across the five boroughs,” states NYC & Company, a research and analytics firm, in a recent report tracking the city’s prospective hotel development through 2019.
Lodging Econometrics found that New York is followed in the U.S. by Houston (169 projects), Dallas (128), Los Angeles (94), and newcomer to the top five Nashville (89).
Marriott International has the most hotel projects in the U.S. construction pipelines in four of those five metros. (Intercontinental Hotels Group leads in Houston, with 46 projects underway.)
According to its latest United States Construction Pipeline Trends report, Lodging Econometrics estimates that hotel development by upscale chains represented 31% (1,384 projects) of the total domestically. The leading upscale brands—all of which are under Marriott’s umbrella—are Residence Inn with 168 Projects, Courtyard with 140 projects and SpringHill Suites with 124 projects. These three largest brands account for one third of all pipeline projects in the upscale chain scale.
Excluding the U.S., there were 5,277 projects and 990,669 rooms under construction globally through Q1 2016. That’s down 1% by projects and 1% by rooms from the same period a year ago. China leads the way with 2,448 projects and 549,333 rooms. Distantly following are Brazil (407/70,833), Indonesia (398/64,695) and India (314/47,566).
The four countries trailing the U.S. had shrinking pipelines in the last year, down an average of 12% by projects. India recorded the largest drop, with a decrease of 19% by project count.
Cities outside of the U.S. where hotel construction is strongest include Jakarta, with 130 projects and 22,851 rooms being built; Seoul, South Korea (128/27,187); Shanghai (114/24,285), and Dubai (104/29,948).
Projects scheduled to start construction globally in the next 12 months are up 24% by projects to 3,214 projects and 22% by rooms to 466,129. Hotels in early planning stages, at 2,705 projects/462,016 rooms, are down 1% by projects but up 3% by rooms.
Related Stories
| Aug 11, 2010
10% of world's skyscraper construction on hold
Emporis, the largest provider of global building data worldwide, reported that 8.7% of all skyscrapers listed as "under construction" in its database had been put on hold. Most of these projects have been halted in the second half of 2008. According to Emporis statistics, the United States had been hit the worst: at the beginning of 2008, "Met 3" in Miami was the only U.S. skyscraper listed as being "on hold". In the second half of the year, 19 projects followed suit.
| Aug 11, 2010
Structure Tone, Turner among the nation's busiest reconstruction contractors, according to BD+C's Giants 300 report
A ranking of the Top 75 Reconstruction Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
Best AEC Firms of 2011/12
Later this year, we will launch Best AEC Firms 2012. We’re looking for firms that create truly positive workplaces for their AEC professionals and support staff. Keep an eye on this page for entry information. +
| Aug 11, 2010
Call for entries: Building enclosure design awards
The Boston Society of Architects and the Boston chapter of the Building Enclosure Council (BEC-Boston) have announced a High Performance Building award that will assess building enclosure innovation through the demonstrated design, construction, and operation of the building enclosure.
| Aug 11, 2010
Portland Cement Association offers blast resistant design guide for reinforced concrete structures
Developed for designers and engineers, "Blast Resistant Design Guide for Reinforced Concrete Structures" provides a practical treatment of the design of cast-in-place reinforced concrete structures to resist the effects of blast loads. It explains the principles of blast-resistant design, and how to determine the kind and degree of resistance a structure needs as well as how to specify the required materials and details.
| Aug 11, 2010
AIA selects three projects for National Healthcare Design Awards
The American Institute of Architects (AIA) Academy of Architecture for Health (AAH) have selected the recipients of the AIA National Healthcare Design Awards program. The AIA Healthcare Awards program showcases the best of healthcare building design and healthcare design-oriented research. Projects exhibit conceptual strengths that solve aesthetic, civic, urban, and social concerns as well as the requisite functional and sustainability concerns of a hospital.
| Aug 11, 2010
New website highlights government tax incentives for large commercial buildings
Energy Retrofit Group (ERG), the subsidiary of 40-year-old, award-winning Adache Group Architects, Inc., has announced the creation of their new energy conservation web site: www.energy-rg.com.
| Aug 11, 2010
Gensler, HOK, HDR among the nation's leading reconstruction design firms, according to BD+C's Giants 300 report
A ranking of the Top 100 Reconstruction Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
