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LE: Canada hotel construction pipeline at a high in Q1

LE: Canada hotel construction pipeline at a high in Q1
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Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024

Article - Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024 - The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY). ....

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Global Hotel Construction Pipeline Sets a New Record

Global Hotel Construction Pipeline Sets a New Record
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The Global Construction Pipeline Ascends to Record Project Counts at 2023 Year-End

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline hit all-time high project counts at Q4. At the close of 2023, LE analysts state that the total global construction pipeline stands at 15,196 projects/2,367,727 rooms, a 7% increase in projects and a 3% increase in rooms year-over-year (YOY). ....

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Over 1 Million Hotel Rooms Are Currently Under Construction Worldwide

Article - Over 1 Million Hotel Rooms Are Currently Under Construction Worldwide - There are 6,160 projects/1,096,748 rooms currently under construction worldwide at Q423, for a 2% increase by projects YOY. ....

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