PORTSMOUTH, N.H. — In the second quarter of 2021, Lodging Econometrics (LE) reported that Marriott International has the largest construction pipeline of U.S. franchise companies with 1,301 projects/170,847 rooms, followed by Hilton Worldwide with 1,216 projects/139,172 rooms and InterContinental Hotels Group (IHG) with 777 projects/78,929 rooms.
The largest brands for each of these companies are Marriott’s Fairfield Inn with 257 projects/25,051 rooms, Home2 Suites by Hilton with 379 projects/39,584 rooms and IHG’s Holiday Inn Express with 303 projects/29,055 rooms. Together, these three brands make up 20 per cent of the total construction pipeline rooms in the U.S.
In terms of conversion projects, LE recorded a total of 583 conversion projects/63,807 rooms in the second quarter of 2021.
In total, 472 new hotels with 59,034 rooms opened across the U.S. during the first half of 2021, with Marriott, Hilton and IHG accounting for 75 per cent of opened hotels. Specifically, Marriott opened 152 hotels/20,416 rooms, Hilton opened 125 hotels/16,970 rooms and IHG opened 72 hotels/7,249 rooms.