Big brands are growing rapidly, with Hampton and Moxy leading the way
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The European hotel pipeline is growing rapidly with construction projects up 30% over last year, according to Lodging Econometrics. The pipeline currently has a total of 1,062 hotels and 172,063 guestrooms in the planning or construction stages. There are 527 projects and over 91,000 rooms under construction. The top hotel companies in the construction pipeline are: Hilton, with 164 hotels and more than 26,000 rooms; Marriott with 151 hotels and 26,000 rooms; and InterContinental Hotels Group with 101 hotels and more than 17,000 rooms. The largest brands for each of these companies are Hampton Inn (Hilton) with 68 hotels and 10,000 rooms; Moxy (Marriott) with 45 hotels and 8,677 rooms; and Holiday Inn Express (IHG) with 47 hotels and 7,600 rooms. Cities in Europe with the largest pipelines are London with 89 hotels and 16,339 guestrooms; Moscow with 41 hotels and 8,848 guestrooms; and Istanbul with 35 hotels and 6,284 guestrooms.
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