Record-High Counts in China’s Hotel Construction Pipeline; Upscale and Upper Midscale Chain Scales also Reach Peak Totals in Q3

Record-High Counts in China’s Hotel Construction Pipeline; Upscale and Upper Midscale Chain Scales also Reach Peak Totals in Q3

November 14, 2023 – PORTSMOUTH, NH In the Q3 2023 China Construction Pipeline Trend Report by Lodging Econometrics (LE), at the end of the quarter, China’s total construction pipeline reached a record high of 3,720 projects with 686,017 rooms, up 3% by projects and unchanged by rooms year-over-year (YOY). The record-high projects in the total…

China’s Hotel Construction Pipeline Has Record High Project & Room Counts in Early Planning

China’s Hotel Construction Pipeline Has Record High Project & Room Counts in Early Planning

November 16, 2022 – PORTSMOUTH, NH In the recent China Construction Pipeline Trend Report from Lodging Econometrics (LE), LE analysts report that China’s total hotel construction pipeline, at the close of Q3 2022, stands at 3,604 projects/684,288 rooms, up 1% by projects and unchanged by rooms year-over-year (YOY). Currently, the country has 2,543 projects with…