Property
Hotel construction pipeline up by 4% at end of FY22
The global pipeline has remained relatively flat for three consecutive years, following the onset of the pandemic, after reaching peak project and room counts in Q4 2019
The total global construction pipeline for hotels at the end of 2022 stood at 14,267 projects, a 4% increase year-over-year (YOY), with 2,298,846 rooms in the works.
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