The Marriott International Construction Pipeline currently has 1,383 Projects/177,926 Rooms, the largest of any franchise company in the U.S. Their largest brands are: Fairfield Inn with 293 Projects/28,418 Rooms, TownePlace Suites with 206 Projects/21,193 Rooms and Residence Inn with 200 Projects/24,978 Rooms. These three brands comprise over 50% of Marriott’s Total Pipeline.
Marriott has 1/3 all rooms Under Construction in the U.S., with 502 Projects/68,316 Rooms currently in the ground. Additionally, they have 695 Projects/86,761 Rooms Scheduled to Start Construction in the Next 12 Months and 186 Projects/228,849 Rooms in Early Planning.
Marriott is forecasted to opened 348 new hotels with 43,415 rooms in 2018, accounting for 31% of all new hotels anticipated to open this year. in 2019, Marriott is expected to open 348 Projects/43,415 Rooms.
About Lodging Econometrics (LE): LE is the leading provider of global hotel intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable business development programs that turn business goals into opportunities that advance a company’s competitive advantage.