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Lodging Econometrics: Global Hotel Construction Pipeline Reaches All-Time High Project Count
The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that the global hotel construction pipeline continued its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4 percent increase in projects and a 3 percent increase in rooms year-over-year (YOY). There were 6,231 projects/1,098,620 rooms under construction worldwide at the end of Q4 2024, up 1 percent by projects YOY. Projects scheduled to start construction […] The post Lodging Econometrics: Global Hotel Construction Pipeline Reaches All-Time High Project Count appeared first on LODGING Magazine.
The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) showed that the global hotel construction pipeline continued its upward trajectory, reaching a new all-time high project count with 15,820 projects/2,438,189 rooms, a 4 percent increase in projects and a 3 percent increase in rooms year-over-year (YOY). There were 6,231 projects/1,098,620 rooms under construction worldwide at the end of Q4 2024, up 1 percent by projects YOY. Projects scheduled to start construction […]
The post Lodging Econometrics: Global Hotel Construction Pipeline Reaches All-Time High Project Count appeared first on LODGING Magazine.
