European hotel pipeline up 19% during Q4 2019

Europe’s total construction pipeline rose to 1,871 projects, around 297,490 rooms, in Q4 of 2019, a 19% increase compared with the previous year, according to the latest Europe hotel construction pipeline trend report from Lodging Econometrics (LE).
The report also found there are 879 projects (140,620 rooms) currently under construction, 531 projects (81,235 rooms) scheduled to start construction in the next 12 months, and 461 projects (75,635 rooms) in early planning.