September 25, 2017 – PORTSMOUTH, NH – Lodging Econometrics (LE) recently released the Global Construction Pipeline Trend Report, which compiles the construction pipeline for every country and market in the world. Currently, the top world regions by project count are The America’s with 5,719 Projects/745,510 Rooms, Asia Pacific with 3,862 Projects/836,725 Rooms and EMEA with 1,679 Projects/337,135 Rooms.
The top countries by project-count are the United States with 4,973 Projects/598,371 Rooms and China with 2,410 Projects/525,225 Rooms. The U.S. accounts for 41% of the projects in the Global Pipeline while China accounts for 20%, resulting in 61% of the Global Pipeline being concentrated in just two countries.
The cities with the largest pipeline project count are: New York with 190 Projects/31,923 Rooms, Houston with 159 Projects/17,472 Rooms, Dallas with 147 Projects/18,429 Rooms, Dubai with 141 Projects/40,266 Rooms and Seoul 137 Projects/25,784 Rooms.