Top Franchise Companies & Brands in the U.S. Construction Pipeline
According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines are: Marriott with 1,383 Projects/177,926 Rooms, Hilton with 1,337 Projects/149,075 Rooms and IHG with 923 Projects/94,296 Rooms. These 3 franchise companies comprise 69% of all projects in the Total Pipeline.
The largest brands for each of these companies are: Marriott's Fairfield Inn with 293 Projects/28,418 Rooms and TownePlace Suites with 206 Projects/21,193 Rooms; Hilton's Home2 Suites with 377 Projects/39,474 Rooms and Hampton Inn & Suites with 316 Projects/32,132 Rooms; and IHG's Holiday Inn Express with 438 Projects/40,657 Rooms, the largest brand pipeline in the country, and Staybridge Suites with 139 Projects/14,740 Rooms.
By the close of 2018, Marriott is forecasted to open 348 Projects/43,415 Rooms, Hilton is set to open 296 projects/33,171 Rooms and IHG expects 172 Projects/18,031 Rooms to open. Marriott also leads in new openings for 2019 with 336 Projects/42,286 Rooms, Hilton is anticipating 281 Projects/30,983 Rooms to open next year and IHG expects 230 Projects/22,807 Rooms.
About Lodging Econometrics (LE)
For over 25 years, Lodging Econometrics (LE) has been the industry-leading provider of global hotel intelligence and decision-maker contact information. LE custom-builds business development database programs for hotel franchise companies looking to accelerate their brand growth, hotel ownership and management companies seeking to expand their real estate portfolios, and lodging industry vendors wanting to increase their sales. To learn more about our business development programs contact us: +1 603.431.8740, ext 0025 or [email protected].
