PORTSMOUTH, N.H. — The worldwide pipeline currently sits at 11,130 projects/1.9 million rooms, the highest level LE has ever recorded. According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the Global Pipeline is up 9 per cent year-over-year by both project and room numbers, led by significant growth in the U.S. — home to the world’s largest pipeline.
Globally, 5,287 projects/986,913 rooms are under construction, up 1 per cent by projects and 3 per cent by rooms. The number of projects scheduled to start construction in the next 12 months — 3,041 projects and 440,632 rooms — increased significantly, up 30 per cent and 25 per cent respectively.
