Hospitality Trends - Lodging Econometrics News

At the end of Q4 2009, the Asia Pacific Pipeline stands at 1,783 projects/ 432,931 rooms. As a whole, Asia Pacific has one of the lowest percentage Pipeline decreases of any region from the peak in Q2 2008, second only to Africa. Because China has the second largest Pipeline in the world, total project counts for the region are off just 20% from... - More

At the end of Q4 2009, the total Construction Pipeline for EMEA has 1,373 proj-ects/285,770 rooms. Pipeline counts have now declined 22% by projects and 23% by rooms since the Q2 2008 peak. They are expected to decline further, as concerns about the pace of economic recovery, the industry’s operating perfor¬mance and lending issues per... - More

The Latin America Construction Pipeline declined for a seventh consecu¬tive quarter in Q4 2009 to 453 projects/74,946 rooms, reaching a new low for the current development cycle. Total projects have declined 34% from the Q1 2008 peak, with rooms down 42%. The Caribbean and South America saw the largest drop-offs from the peak. - More

With 153 projects/19,181 rooms at the end of Q4 2009, the total Construction Pipeline has fallen 42% by projects and 44% by rooms from the peak in Q1 2008. The total project count is the lowest LE has recorded, while the room count is at its lowest since Q4 2004. - More

Lending Crisis Impacting New Openings - LE Revises Forecasts Lower - More

With 1,841 projects/438,451 rooms at the end of Q3, the Asia Pacific Pipeline is the second largest in the world. Because the region has two of the fastest growing economies, China and India, regional project counts are down only 17% and total rooms by 13% from the Pipeline's Q2 2008 peak. - More

The total EMEA Pipeline continued its decline in Q3 2009, down to 1,396 projects/305,170 rooms. Project counts have fallen 21% from the Q2 2008 peak, and room counts by 18%. - More

As of the end of Q3 2009, the Latin America Construction Pipeline has a total of 482 projects and 83,291 guest rooms. After 6 consecutive quarters of declines, the Pipeline is at the lowest level yet for the current cycle and is expected to trend even lower. Developer sentiment continues to be weighed down by the lackluster global economy, causi... - More

The total Canadian Construction Pipeline has 178 projects with 22,592 rooms as of the end of Q3 2009. This is the lowest quarterly total since Q1 2005. New Hotel Openings continue to exit the Pipeline at a high rate for a second consecutive year. - More

The credit crisis continues to significantly affect lodging real estate development. Early in the cycle, larger (150 rooms or more), high-end projects were impacted the most, as institutional-sized lenders halted real estate lending. Today - More