Lodging Econometrics

China's hotel construction pipeline hit record highs in Q4 2023, with 3,788 projects and 691,772 rooms. The surge includes significant

The Asia Pacific's hotel construction pipeline, excluding China, grew 4% YOY, ending 2023 with 1,977 projects and 402,156 rooms. India

China's construction pipeline reached 3,720 projects, driven by upscale and upper midscale projects, with record conversions and forecasted hotel openings.

Excluding China, Asia Pacific's hotel construction pipeline shows robust growth with new projects in key countries and cities, driving regional

Q2 2023 report highlights an all-time high in Asia Pacific's hotel construction pipeline, excluding China, with 1,936 projects and 401,766

China's construction pipeline for hotels is approaching an all-time high with 3,666 projects/678,965 rooms at Q2's close. Upscale and upper-midscale

China has 2,697 projects/484,152 rooms presently under construction, both at record highs. These record under construction counts can be, in

Cities in China with the largest pipelines, at the Q4 close, are Chengdu with 132 projects/26,891 rooms, Shanghai with 117

India with 383 projects/47,539 rooms, Vietnam, with 240 projects/88,858 rooms, then Indonesia, with 227 projects/37,319 rooms. These countries are followed