Top Franchise Companies in the U.S. Hotel Construction Pipeline
Portsmouth, NH, May 7, 2018-The franchise companies with the largest construction pipelines are Marriott with 1,383 projects/177,926 rooms, Hilton with 1,337 projects/149,075 rooms and IHG with 923 projects/94,296 rooms, according to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE). These three franchise companies comprise 69% of all projects in the total pipeline.
The largest brands for each of these companies are Marriott’s Fairfield Inn with 293 projects/28,418 rooms and TownePlace Suites with 206 projects/21,193 rooms; Hilton’s Home2 Suites with 377 projects/39,474 rooms and Hampton Inn & Suites with 316 projects/32,132 rooms; and IHG’s Holiday Inn Express with 438 projects/40,657 rooms, the largest brand pipeline in the country, and Staybridge Suites with 139 projects/14,740 rooms.
By the close of 2018, Marriott is forecasted to open 348 projects/43,415 rooms, Hilton is set to open 296 projects/33,171 rooms and IHG expects 172 projects/18,031 rooms to open. Marriott also leads in new openings for 2019 with 336 projects/42,286 rooms, Hilton is anticipating 281 projects/30,983 rooms to open next year and IHG expects 230 projects/22,807 rooms.