The total global hotel-construction pipeline hit record highs at the close of 2019 with 15,000 projects and 2,454,954 rooms, according to Lodging Econometrics’ “Global Construction Pipeline Trend Report.” Year-over-year, projects increased 11 percent and rooms rose 8 percent.
The global pipeline has grown for nine consecutive years after reaching its cyclical low, by rooms, in 2010. Four of the seven regions of the world continue to have pipelines trending upward, year-over-year. The exceptions are Latin America, Africa and, with counts essentially even, the Middle East.