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Opening a new hotel is never easy Try doing it during a pandemic washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
The latest Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) states that the global hotel construction pipeline stands at 13,943 projects/2,312,410 rooms. Year-over-year (YOY) the total global pipeline decreased 7% by projects and 6% by rooms.