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According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of the third quarter  (Q3) of this year, the hotel construction pipeline in the Middle East declined again to 579 projects/168,042 rooms. The Middle East’s pipeline is down seven percent by projects and six percent by rooms year-over-year (YOY).  This is the fifth consecutive quarter the pipeline has declined since reaching its cyclical peak by projects in Q2 2019.   

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the third quarter (Q3) of this year, Europe’s hotel construction pipeline increased seven percent by projects and 11 percent by rooms year-over-year (YOY) to end the quarter with 1,834 projects and 291,823 rooms.

According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of the second quarter (Q2) of this year, the hotel construction pipeline in the Middle East decelerated once again to 591 projects/169,538 rooms.

Analysts at Lodging Econometrics (LE) state in the 2019 year-end report that the hotel construction pipeline in the Middle East stands at 618 projects/178,384 rooms, compared to 622 projects/181,813 rooms at the end of 2018.

According to the recent Europe hotel construction pipeline trend report from Lodging Econometrics (LE), Europe’s total construction pipeline rose to 1,871 projects/297,490 rooms in the fourth quarter of 2019, a 19 percent increase by projects and 22 percent by rooms, year-over-year (YOY).

Analysts at Lodging Econometrics (LE) report that in the third quarter of 2019, Europe’s hotel construction pipeline climbed to record high counts with 1,710 projects and 264,080 rooms, an 18 percent increase in projects and a 16 percent increase in rooms year-over-year (YOY).

Lodging Econometrics (LE) recently compiled construction pipeline counts for every country and market around the world.

Analysts at Lodging Econometrics (LE) report that Europe’s hotel construction pipeline soared to record high counts in the second quarter of this year with 1,704 projects having 260,111 rooms, for a dramatic 23 percent increase in projects and 19 percent increase in rooms year-over-year (YOY).

In the recent report by Lodging Econometrics (LE), in the third quarter of 2018, China’s total construction pipeline stands at 2,642 projects/569,690 rooms and is up nine percent by projects and six percent by rooms year-over-year (YOY).

Analysts at Lodging Econometrics (LE) report that in the third quarter of this year the total construction pipeline in Canada stands at 247 projects/29,954 rooms.