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New York is currently expecting 180 new projects to be constructed New York is currently expecting 180 new projects to be constructed

LE Unveils Biggest Hotel Construction Pipelines

Lodging Econometrics (LE) has released its Global Construction Pipeline Trend Report, which compiles the construction pipeline for all countries and markets.

The report showed that the top region by project count is North America with 6,226 projects, 797,040 rooms; Asia Pacific with 4,231 projects, 911,454 rooms; and Europe, Middle East and Africa with 2,174 projects, 418,391 rooms.

The top countries by project count are as follows; US with 5,151 projects, 623,695 rooms and China with 2,519 projects, 560,664 rooms.

Finally, the cities with the largest pipeline project count are New York with 180 projects, 30,699 rooms, Dallas with 149 projects, 17,860 rooms, Houston with 146 projects, 15,714 rooms, Dubai with 143 projects, 40,631 rooms and Shanghai 132 projects, 25,367 rooms.