Europe's hotel-construction pipeline to hit all-time highs

2018-11-21 Tag: Europe's hotel

Europe

Europe’s total hotel-construction pipeline—in a three-year surge—stands at 1,449 projects with 228,588 rooms, according to the latest data from Lodging Econometrics

The region has 749 hotel projects with 120,689 rooms currently under construction, 395 hotels with 61,707 rooms planning to start construction in the next 12 months, and 305 hotels with 46,192 rooms in the early-planning stage.

The total pipeline increased 18 percent by projects and 21 percent by rooms year-over-year, and each of the three project stages are at or near the highest project and room counts since LE began recording in the region in 2008, according to the company.



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