China Sends Mixed Signals for Hotels During Lunar New Year

Daily Lodging Report

Skift’s Daily Lodging Report is a subscription-required, email-only newsletter read by anyone and everyone in the hotel investor, owner, and operator space, including CEOs of some of the industry’s top brands. It covers North America and Asia Pacific with two separate regional editions.

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Here’s a sampling of what the Daily Lodging Report provided to its readers this past week. If you’re not a subscriber, you should be. Don’t wait. Sign up now here.

According to the Lodging Econometrics Q4’21 United States Construction Pipeline Trend Report, the franchise companies with the largest U.S. construction pipeline at year-end 2021 are Marriott International with 1,345 projects/170,586 rooms, followed by Hilton Worldwide with 1,239 projects/141,053 rooms and InterContinental Hotels Group with 761 projects/76,987 rooms. At the end of Q4’21, 689 projects/76,058 rooms are in the early planning stage of Hilton’s projects. Hilton has 228 projects/29,036 under construction at Q4 and 322 projects/35,959 rooms scheduled to start within the next 12 months. Marriott has 534 projects/63,120 rooms in early planning at the end of the fourth quarter, 262 projects/38,289 rooms under construction at the end of Q4 and 549 projects/69,177 rooms are scheduled to start in the next 12 months, IHG currently has 121 projects/11,375 rooms in the early planning stage, 136 projects/16,221 rooms in the under construction stage and 504 projects/49,390 rooms are scheduled to start within the next 12 months. The leading brands by project count for the top three franchise companies continue to be Hilton’s Home2 Suites by Hilton with 421 proejcts/43,824 rooms, IHG’s Holiday Inn Express with 288 projects/27,620 rooms, and Marriott’s Fairfield Inn with 247 projects/23,344 rooms. Other notable brands in the pipeline for the top franchise companies at Q4 are Marriott’s TownePlace Suites with 239 p