China’s Hotel Construction Pipeline Closes 2019 Hitting New All-Time High

Analysts at Lodging Econometrics (LE) report that China’s total construction pipeline boomed in the fourth quarter of 2019 and closed the quarter at 3,526 projects/643,435 rooms, up 28% by projects and 11% by rooms year-over-year (YOY). At the end of 2019, both projects and rooms in the construction pipeline are at new all-time highs. China has the second largest pipeline in the world.

The Global Hotel Construction Pipeline Hits Record High at 2019 Year-End

Lodging Econometrics (LE) has released its year-end Global Construction Pipeline Trend Report, which compiles construction pipeline counts for every country, and city around the world. At the close of 2019, LE analysts state that the total global construction pipeline hit record highs with 15,000 projects/2,454,954 rooms, a 11% increase in projects and an 8% increase in rooms year-over-year (YOY).