Marriott Has the Largest Construction Pipeline of Any Franchise Company in the U.S.
September 5, 2017 12:56pm
September 5, 2017 – PORTSMOUTH, NH – Marriott International currently has the largest construction pipeline of any franchise company with 1,288 Projects/166,096 Rooms. Their largest brands in the Pipeline are: Fairfield Inn with 283 Projects/27,244 Rooms, Residence Inn with 187 Projects/23,617 Rooms and TownePlace Suites with 184 Projects/18,757 Rooms.
Marriott has the most rooms currently Under Construction with 482 Projects/67,434 Rooms, which represents almost 1/3 of all Pipeline rooms Under Construction. Additionally, they have the most rooms Scheduled to Start Construction in the Next 12 Months with 619 Projects/76,451 Rooms. Marriott also has 187 Projects/22,211 Rooms in Early Planning,
In the first half of the year, Marriott opened 120 new hotels with 14,071 rooms, accounting for 27% of all new hotels opened this year. The Marriott brands with the largest number of new hotels opened this year are Fairfield Inn with 31 Hotels/2,887 Rooms and Courtyard with 18 Hotels/2,104 Rooms.
Tags: lodging econometrics,
u.s. construction pipeline
Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.
Contact: Emily Dennison
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