Europe plans over 244,000 new hotel rooms, with nearly half currently under construction.
Europe's hotel construction pipeline includes 1,645 projects and 244,548 rooms, with nearly half under construction. The upscale segment leads, followed by upper midscale and upper upscale. The UK, Germany, Turkey, Portugal, and France are key countries, while London, Istanbul, Lisbon, Dublin, and Manchester have the largest city pipelines. LE forecasts 43,457 new rooms in 2025 and 57,350 in 2026.
November 13, 2024
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