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

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.