The majority of the franchise hotels in the U.S. construction pipeline belong to Marriott, Hilton and IHG.
According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), Marriott, Hilton and IHG account for 68% of the projects and 66% of the rooms in the total pipeline, which is roughly the same percentage it's been quarter-over-quarter throughout 2020.
Marriott International had 1,390 projects and 184,450 rooms in the pipeline. It was followed by Hilton Worldwide with 1,351 projects and 155,626 rooms and InterContinental Hotels Group (IHG) with 873 projects and 89,375 rooms, according to LE.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
