flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

The top franchise companies in the construction pipeline

Market Data

The top franchise companies in the construction pipeline

3 franchise companies comprise 65% of all rooms in the Total Pipeline.


By Lodging Econometrics | May 24, 2017

Pixabay Public Domain

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines by rooms in Q117 are; Marriott with 163,063 Rooms/1,264 Projects, Hilton with 146,104 Rooms/1,279 Projects and IHG with 82,771 Rooms/795 Projects. These 3 franchise companies comprise 65% of all rooms in the Total Pipeline.

The largest brand for each of these companies are; Marriott’s Fairfield Inn with 27,220 Rooms/285 Projects, Hilton’s Home2 Suites with 36,074 Rooms/344 Projects and IHG’s Holiday Inn Express with 38,160 Rooms/412 Projects.

The franchise companies with the most New Project Announcements by rooms into the Pipeline in the first quarter were; Hilton with 18,387 Rooms/162 Projects, Choice with 8,118 Rooms/117 Projects and Marriott with 7,129 rooms/55 Projects. These companies represent 59% of all new rooms announced.

Related Stories

Market Data | Sep 3, 2020

6 must reads for the AEC industry today: September 3, 2020

New affordable housing comes to the Bronx and California releases guide for state water policy.

Market Data | Sep 2, 2020

Coronavirus has caused significant construction project delays and cancellations

Yet demand for skilled labor is high, new survey finds.

Market Data | Sep 2, 2020

5 must reads for the AEC industry today: September 2, 2020

Precast concrete tower honors United AIrlines Flight 93 victims and public and private nonresidential construction spending slumps.

Market Data | Sep 2, 2020

Public and private nonresidential construction spending slumps in July

Industry employment declines from July 2019 in two-thirds of metros.

Market Data | Aug 31, 2020

5 must reads for the AEC industry today: August 31, 2020

The world's first LEED Platinum integrated campus and reopening campus performance arts centers.

Market Data | Aug 21, 2020

5 must reads for the AEC industry today: August 21, 2020

Student housing in the COVID-19 era and wariness of elevators may stymie office reopening.

Market Data | Aug 20, 2020

6 must reads for the AEC industry today: August 20, 2020

Japan takes on the public restroom and a look at the evolution of retail.

Market Data | Aug 19, 2020

6 must reads for the AEC industry today: August 19, 2020

July architectural billings remained stalled and Florida becomes third state to adopt concrete repair code.

Market Data | Aug 18, 2020

July architectural billings remained stalled

Clients showed reluctance to sign contracts for new design projects during July.

Market Data | Aug 18, 2020

Nonresidential construction industry won’t start growing again until next year’s third quarter

But labor and materials costs are already coming down, according to latest JLL report.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021