December 2, 2021

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LE: Marriott has biggest U.S. building pipeline in Q2

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In the 2nd quarter of 2021, analysts at Lodging Econometrics (LE) report that the prime franchise organizations with the most significant design pipelines are Marriott Global with 1,301 projects/170,847 rooms, Hilton with 1,216 assignments/139,172 rooms and InterContinental Resorts Group (IHG) with 777 jobs/78,929 rooms. Growth tasks with these a few franchise organizations comprise 69{56ef4555b1160ba09e855af6afd9aff20ca1ee0c32187e33609ae0a92f439672} of all initiatives in the complete development pipeline.

The most significant models for each and every of these companies are Marriott’s Fairfield Inn with 257 assignments/25,051 rooms, Hilton’s House2 Suites by Hilton with 379 projects/39,584 rooms and IHG’s Holiday Inn Categorical with 303 jobs/29,055 rooms. These 3 models make up 20{56ef4555b1160ba09e855af6afd9aff20ca1ee0c32187e33609ae0a92f439672} of the complete design pipeline rooms in the U.S.

Other superior-quantity models in the pipeline for each individual of these franchises are Marriott’s TownePlace Suites with 198 jobs/19,422 rooms and Home Inn with 189 jobs/23,493 rooms Hilton’s Hampton by Hilton with 269 assignments/28,071 rooms and Tru by Hilton with 235 initiatives/22,521 rooms and IHG’s Avid Resort with 157 jobs/13,842 rooms and Staybridge Suites with 122 assignments/12,607 rooms.

In the 2nd quarter of 2021, LE recorded 583 conversion jobs/63,807 rooms. Of these conversion totals, Ideal Western leads with 116 conversion projects/10,289 rooms, accounting for 20{56ef4555b1160ba09e855af6afd9aff20ca1ee0c32187e33609ae0a92f439672} of the conversion pipeline by assignments. Subsequent Finest Western is Alternative Inns, Marriott Intercontinental and Hilton. Very best Western and these three franchise companies blended account for 61{56ef4555b1160ba09e855af6afd9aff20ca1ee0c32187e33609ae0a92f439672} of all the rooms in the conversion pipeline across the U.S.

A full of 472 new motels with 59,034 rooms opened throughout the U.S. during the initial 50 percent of 2021. Marriott, Hilton and IHG collectively opened 74{56ef4555b1160ba09e855af6afd9aff20ca1ee0c32187e33609ae0a92f439672} of the resorts. Marriott opened 152 resorts with 20,416 rooms, Hilton opened 125 hotels/16,970 rooms and IHG opened 72 motels/7,249 rooms.

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