Europe ends the first quarter of 2021 with 1,928 projects/310,523 rooms, a record high project and room count for the region.
Europe’s hotel construction pipeline
Posted inBusiness
Europe’s hotel construction pipeline increases year-over-year (YOY)
Rooms under construction stand at an all-time high of 151,471 rooms from 921 projects and are up 11% by projects and 15% by rooms YOY. Projects scheduled to start construction in the next 12 months are at 478 projects/75,166 rooms, down slightly YOY.
Posted inBusiness
Europe’s hotel construction pipeline continues to expand in the 1st quarter of 2020 despite COVID-19
Europe’s hotel construction pipeline expanded to near-record highs with 1,840 projects and 294,047 rooms