A biannual report from Lodging Econometrics states the total global hotel construction pipeline has hit a record-setting 12,839 projects worldwide (2,158,422 rooms)—an 86 percent increase compared to the cyclical low established in 2011. Nearly 6,000 of those projects are currently under construction and
another 3,900 are scheduled to begin within 12 months.
The United States has the most hotel projects, accounting for 41 percent of the global pipeline, followed by China at 20 percent. According to the report, new hotel openings could reach 3,000 in 2020, with approximately 1,250 of them located in America. The U.S. cities with the most pipeline activity are New York, Dallas and Houston.
