Accor led Europe with the largest pipeline by projects, at 246 projects/34,483 rooms, according to Lodging Econometrics.
At the close of the third quarter of 2020, Europe’s hotel construction pipeline increased 7% by projects and 11% by rooms year-on-year, to end the quarter with 1,834 projects and 291,823 rooms.
Lodging Econometrics said: “Much like other regions around the world, Europe’s hotel construction pipeline is experiencing slight delays to project timelines of approximately two to four months. Even as much of Europe goes under lockdown in response to surging cases of Covid-19, forcing millions to stay home, construction remains essential and this has kept pipeline counts steady year on year.”
The UK led the construction pipeline with 345 projects/52,065 rooms, and then Germany with 310 projects/55,930 rooms. France followed with 168 projects/20,646 rooms. Next was Portugal, at an all-time high, with 124 projects/14,430 rooms, and then Poland with 91 projects/14,282 rooms.
The cities in Europe with the largest pipelines included London with 91 projects/16,331 rooms; Dusseldorf, at all time record counts, with 60 projects/11,510 rooms; and Paris at 41 projects/6,351 rooms. Next was Moscow with 31 projects and a room count total of 6,430. This was followed by Hamburg with 31 projects/6,313 rooms.
Accor was followed by Marriott International with 215 projects/35,817 rooms.