March 2021 overview: Over 400 hotels scheduled to complete [Infographic]

by | 01 Mar 2021 | All, Hotel Openings, Projects

According to the TOPHOTELPROJECTS construction database, 406 hotel schemes will open around the world in March, mostly in either North America or Europe.

Information in our database suggests that 406 hotel projects, accounting for 73,016 rooms in total, will be ready this month. We take a closer look at these exciting properties.

March openings by region

North America leads the list with 135 scheduled launches and 23,350 additional rooms, just ahead of Europe, which boasts 125 openings and 19,136 keys.

It’s a different picture over in APAC, which will grow its offering by 84 properties and 19,396 rooms. What’s interesting here is the similar room count to Europe and North America despite the lower number of openings, suggesting that each property in APAC will on average be significantly larger.

Elsewhere, 26 hotels will open in the Middle East, bringing 5,849 rooms into play. Meanwhile, 20 launches with 3,236 keys are on the books for Africa, and Latin America concludes our rundown with 16 new hotels and 2,049 rooms.

Of the 406 soon-to-launch hotels, 266 will be in the four-star sector, with the other 140 in the five-star category.

Fastest growing national and urban hotel markets

The US is by far the fastest growing national hotel market, according to our researchers – 112 hotels with 19,513 rooms are slated to go live here in March.

Given this fact, it’s no surprise that three of the month’s top five urban hotel markets are in the US. Miami Beach and New York will each get five new properties with 626 and 1,469 keys respectively, while four hotels with 1,724 rooms will launch in Boston.

China takes a distant second place on the international leaderboard with 38 openings and 10,023 rooms. The UK follows in third with 28 openings and 3,613 keys; nine of these launches will take place in London, making the UK’s capital the most happening urban market in terms of hotel completions this month.

Germany will also see impressive growth in its hotel market with 22 projects due to finish, while Spain concludes the rankings with 11 properties set to open here.

Top three most active hotel brands this month

Hilton Worldwide seems to be showing some confidence that travel will recover relatively quickly. Its Hilton Garden Inn brand takes the lead in the development stakes, with 13 hotels and 2,402 extra rooms completing in March.

Interestingly, Hampton by Hilton follows close behind by virtue of the fact that it’s growing its footprint by 12 properties and 1,531 rooms. Accor’s luxury brand Fairmont Hotels & Resorts takes third place, with seven openings and 1,780 keys.

Noteworthy hotel projects completing in March

Hilton Abu Dhabi Yas Island Resort will form part of what’s set to become one of the most iconic and vibrant waterfront destinations in the Middle East. This 545-key property’s facilities will include a multipurpose conference centre, seven dining outlets and an urban beach concept with an infinity pool suspended above the Arabian Gulf. The development is also near the Yas Arena, hosting a variety of events ranging from sports competitions and cultural performances to concerts and MICE activities.

Another striking addition to the ranks is the 1,055-room Omni Boston Hotel at the Seaport, spanning two 21-storey towers each rising around 240 feet high. Developed by New Boston Hospitality and the Davis Companies, the property will offer standard rooms as well as so-called ‘innovation rooms’, which will be smaller and offered at a lower rate. The hotel will also boast 120,000 sq ft of meeting and event space, including three ballrooms; 40,000 sq ft of retail space; and an 8,500 sq ft spa.

Lastly, turning our attention to the Danish capital, the 605-key Comfort Hotel Copenhagen Airport is set to become a popular new hub for hosting conferences and events. On top of its 3,000 sq m of modern event space, the property will boast a ‘barception’, where the reception is combined with a bar and deli; a gym; a rooftop bar; a crew lounge; and a gym. Its playroom, offering entertainment for guests both young and young, also promises to help everyone connect to their inner child.

Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.

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