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 | Jun 3, 2020

6 must reads for the AEC industry today: June 3, 2020

5 ways to improve cleanliness of public restrooms and office owners are in no hurry for tenants to return.

Market Data | Jun 2, 2020

Architects, health experts release strategies, tools for safely reopening buildings

AIA issues three new and enhanced tools for reducing risk of COVID-19 transmission in buildings.

Market Data | Jun 2, 2020

5 must reads for the AEC industry today: June 2, 2020

New Luxembourg office complex breaks ground and nonresidential construction spending falls.

Market Data | Jun 1, 2020

Nonresidential construction spending falls in April

Of the 16 subcategories, 13 were down on a monthly basis.

Market Data | Jun 1, 2020

7 must reads for the AEC industry today: June 1, 2020

Energy storage as an amenity and an entry-point for wellness screening everywhere.

Market Data | May 29, 2020

House-passed bill making needed improvements to paycheck protection program will allow construction firms to save more jobs

Construction official urges senate and White House to quickly pass and sign into law the Paycheck Protection Program Flexibility Act.

Market Data | May 29, 2020

7 must reads for the AEC industry today: May 29, 2020

Using lighting IoT data to inform a safer office reentry strategy and Ghafari joins forces with Eview 360.

Market Data | May 27, 2020

5 must reads for the AEC industry today: May 28, 2020

Biophilic design on the High Line and the office market could be a COVID-19 casualty.

Market Data | May 27, 2020

6 must reads for the AEC industry today: May 27, 2020

AIA's COTE Top Ten Awards and OSHA now requires employers to track COVID-19 cases.

Market Data | May 26, 2020

6 must reads for the AEC industry today: May 26, 2020

Apple's new Austin hotel and is CLT really a green solution?

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