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Hotel and Leisure Developments
Five zone with the most new hotel construction projects underway.
- The Americas
The Americas topped the list. The database shows that there are currently 87 new hotel construction projects underway. The majority of these projects are in North America, specifically in the U.S. The country has long been one of the countries most active for growth in hospitality and a consistent competitor for the top country for hotel growth. It has a mixture of viable markets that double as business hubs, including New York City, Los Angeles, San Fransisco and Washington D.C. The U.S. does not seem to be budging from its spot at the top any time soon.
- Asia Pacific
In second comes Asia Pacific, with 49 new hotels in its pipeline. Many of these claim locations in China and Australia, making this region a great contender to the U.S. China has a similar mixture of tourism and business destinations to the that of the U.S. Meanwhile, Australia has also experienced major growth in its hotel market.
- Europe
Europe trails behind the Asia Pacific with 40 projects underway. This region has shown consistent growth in the hotel industry because it also boasts great diversity compared to other countries.
- The Middle East
This region comes in fourth with 27 new hotels currently under construction. Many of these are taking place in Dubai.
- Africa
Rounding out the list is Africa with eight new hotel projects underway.
Key Data
ASSET TYPE
Hotels
MAIN CITIES
EMEA countries and Others
PROJECT TYPES
New developments, Conversion, Refurbishments
GREEN BUILDING CERTIFICATIONS
BREEAM certification, LEED certification, Energy Star certification.