flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

The top franchise companies in the construction pipeline

Market Data

The top franchise companies in the construction pipeline

3 franchise companies comprise 65% of all rooms in the Total Pipeline.


By Lodging Econometrics | May 24, 2017

Pixabay Public Domain

According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest pipelines by rooms in Q117 are; Marriott with 163,063 Rooms/1,264 Projects, Hilton with 146,104 Rooms/1,279 Projects and IHG with 82,771 Rooms/795 Projects. These 3 franchise companies comprise 65% of all rooms in the Total Pipeline.

The largest brand for each of these companies are; Marriott’s Fairfield Inn with 27,220 Rooms/285 Projects, Hilton’s Home2 Suites with 36,074 Rooms/344 Projects and IHG’s Holiday Inn Express with 38,160 Rooms/412 Projects.

The franchise companies with the most New Project Announcements by rooms into the Pipeline in the first quarter were; Hilton with 18,387 Rooms/162 Projects, Choice with 8,118 Rooms/117 Projects and Marriott with 7,129 rooms/55 Projects. These companies represent 59% of all new rooms announced.

Related Stories

Market Data | Oct 6, 2020

Construction sector adds 26,000 workers in September but nonresidential jobs stall

Many commercial firms experience project cancellations.

Market Data | Oct 6, 2020

6 must reads for the AEC industry today: October 6, 2020

Construction rises 1.4% in August while nonresidential construction spending falls slightly.

Market Data | Oct 5, 2020

Nonresidential construction spending falls slightly in August

Of the 16 nonresidential subcategories, nine were down on a monthly basis.

Market Data | Oct 5, 2020

Construction spending rises 1.4% in August as residential boom outweighs private nonresidential decline and flat public categories

Construction officials caution that demand for non-residential construction will continue to stagnate without new federal coronavirus recovery measures, including infrastructure and liability reform.

Market Data | Oct 5, 2020

7 must reads for the AEC industry today: October 5, 2020

Zaha Hadid unveils 2 Murray Road and the AEC industry is weathering COVID-19 better than most.

Market Data | Oct 2, 2020

AEC industry is weathering COVID-19 better than most

Nearly one-third of firms have had layoffs, more than 90% have experienced project delays.

Market Data | Oct 2, 2020

6 must reads for the AEC industry today: October 2, 2020

BIG imagines how to live on the moon and smart buildings stand on good data.

Market Data | Oct 1, 2020

Two-thirds of metros shed construction jobs from August 2019 to August 2020

Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. have worst 12-month losses, while Indianapolis-Carmel-Anderson, Ind. and Niles-Benton Harbor, Mich. top job gainers.

Market Data | Oct 1, 2020

6 must reads for the AEC industry today: October 1, 2020

David Adjaye to receive 2021 Royal Gold Medal for Architecture and SOM reimagines the former Cook County Hospital.

Market Data | Sep 30, 2020

6 must reads for the AEC industry today: September 30, 2020

Heatherwick Studio designs The Cove for San Francisco and Washington, D.C.'s first modular apartment building.

boombox1
boombox2
native1

More In Category


Contractors

Nonresidential construction spending decreased 0.2% in June

National nonresidential construction spending declined 0.2% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Nonresidential construction has expanded 5.3% from a year ago.



Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021