Marriott Leads in 2017 Hotel Development

Analysts at Lodging Econometrics (LE), a real estate consulting company, reported that the four leading franchise companies in the Global Hotel Construction Pipeline by project-count are:

    Marriott International with 2,021 Projects/347,544 Rooms.
    Hilton Worldwide with 1,733 Projects/267,788 Rooms.
    InterContinental Hotels Group (IHG) with 1,343 Projects/207,806 Rooms.
    Choice Hotels with 487 Projects/43,381 Rooms.

The leading brand for each of these top global franchise companies are: IHG’s Holiday Inn Express with 607 Projects/73,584 Rooms, Hilton’s Hampton Inn with 478 Projects/55,737 Rooms, Marriott’s Fairfield Inn with 299 Projects/31,603 Rooms and Choice’s Comfort Inn with 114 Projects/10,752 Rooms.

Marriott’s overall boost in construction is likely due to the completion of the Marriott-Starwood merger.

Reported by:  Meetingstoday.com