The Q1 2024 report from Lodging Econometrics shows a notable rise in the Middle East’s hotel construction pipeline, with a 5% increase in projects year-over-year. The region now boasts 612 projects totaling 144,222 rooms, reflecting robust growth in the hospitality sector.
Lodging Econometrics tips
traveldailynews.com
22.05.2024
Forty-five percent of the hotel projects in Europe’s total pipeline are under construction at the end of Q1 2024
Lodging Econometrics reveals Europe’s Q1 2024 hotel construction trends, showcasing a pipeline of 1,705 projects. Explore insights on new openings and top countries with burgeoning hotel developments.
traveldailynews.com
04.03.2024
The global construction pipeline ascends to record project counts at 2023 year-end
Τhe renovation and conversion pipeline globally is the highest it has ever been, reaching 3,291 projects/510,584 rooms at the end of Q4 2023.
traveldailynews.com
27.11.2023
Europe’s hotel construction pipeline shows slight year-over-year increases in project counts at Q3 2023
The European cities with the largest pipelines at the close of the quarter are led by London with 79 projects/14,078 rooms and Istanbul, up 20% by projects YOY with a record 48 projects, accounting for 7,936 rooms. Next is Lisbon, with 37 projects/4,070 rooms, then Dublin with 34 projects and a record 6,492 rooms, and Dusseldorf with 30 projects/5,465 rooms.
traveldailynews.com
27.11.2023
Higher-end chain scale projects dominate the Middle East hotel construction pipeline, reaching record highs at Q3 Close
Dubai, with 66 projects/18,787 rooms, continues to dominate the construction pipeline in the UAE at Q3.
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