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 21, 2019

Architecture billings remain flat

AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2.

Market Data | Jun 19, 2019

Number of U.S. architects continues to rise

New data from NCARB reveals that the number of architects continues to increase. 

Market Data | Jun 12, 2019

Construction input prices see slight increase in May

Among the 11 subcategories, six saw prices fall last month, with the largest decreases in natural gas.

Market Data | Jun 3, 2019

Nonresidential construction spending up 6.4% year over year in April

Among the 16 sectors tracked by the U.S. Census Bureau, nine experienced an increase in monthly spending, led by water supply and highway and street.

Market Data | Jun 3, 2019

4.1% annual growth in office asking rents above five-year compound annual growth rate

Market has experienced no change in office vacancy rates in three quarters.

Market Data | May 30, 2019

Construction employment increases in 250 out of 358 metros from April 2018 to April 2019

Demand for work is outpacing the supply of workers.

Market Data | May 24, 2019

Construction contractors confidence remains high in March

More than 70% of contractors expect to increase staffing levels over the next six months.

Market Data | May 22, 2019

Slight rebound for architecture billings in April

AIA’s ABI score for April showed a small increase in design services at 50.5 in April.

Market Data | May 9, 2019

The U.S. hotel construction pipeline continues to grow in the first quarter as the economy shows surprising strength

Projects currently under construction stand at 1,709 projects/227,924 rooms.

Market Data | May 9, 2019

Construction input prices continue to rise

Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.

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