North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA
March 5, 2018 1:34pm
March 5, 2018 – PORTSMOUTH, NH – Lodging Econometrics (LE) has released its Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world where currently, the top regions by project count are: North America with 6,226 Projects/797,949 Rooms, Asia Pacific with 4,231 Projects/911,454 Rooms and EMEA with 2,174 Projects/418,391 Rooms.
The top countries by project count are the United States with 5,151 Projects/623,695 Rooms and China with 2,519 Projects/560,664 Rooms. The U.S. accounts for 41% of the projects in the Global Pipeline while China accounts for 20%, resulting in 61% of the Global Pipeline being concentrated in just two countries.
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.
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global construction pipeline,
global construction pipeline trend report
Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.
Contact: Emily Dennison
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