Regional focus: Astounding 1,456 hotel projects in North American pipeline [Construction Report]
North America is the second most active hospitality market on the planet.
North America has the second most robust pipeline in the world, behind only the Asia Pacific market, TOPHOTELCONSTRUCTION shows.
The hotel project pipeline in North America is one of the most robust in the world, according to a report from TOPHOTELCONSTRUCTION.
When it comes to the sheer number of projects in its pipeline, North America is the second most active hospitality market on the planet, behind only the Asia Pacific region. The exact numbers break down in interesting ways.
According to the report, there are currently 1,456 new projects in the pipeline for North America. By comparison, the Asia Pacific market has 2,163 projects in its pipeline.
Top countries and cities
The report also revealed information about which countries and cities those projects will be launching in.
The leading country is no surprise. The United States currently has the most new hotel projects coming up, with 1,286. This dwarfs all other countries in the market.
Canada is in second place and it only has 51 hotels in its pipeline. After that, Cuba is third with 24 new hotel projects, while the Dominican Republic comes in fourth with 22 and Puerto Rico is last with 10.
As for cities, there’s no surprise there either. New York City is leading the way with 62 projects, while Los Angeles is second with 43. The surging market of Nashville comes in third.
Top hotel brands expanding in North America
Among many other interesting facts, the new report also showed which brands are among the most common within North America’s project pipeline.
Leading the way there is Hampton by Hilton with 47. Home2 Suites by Hilton follows in second place with 45 hotels. Third is Aloft Hotels with 42, and Cambria Hotels and Suites comes in just behind with 42.
Let’s take a look at a few more outstanding hotel projects in North America:
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