CoStar: All Regions Besides Europe Increase Hotel Pipeline Activity
WASHINGTON—Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar. September 2024 Percentage change in comparison with September 2023: Europe In Construction: 163,135 rooms (down 1.0 percent)Final Planning: 87,779 rooms (down 21.9 percent)Planning: 162,275 rooms (up 1.7 percent)Total Under Contract: 413,189 rooms (down 5.4 percent) Among countries in the region, Germany (27,175) led in construction activity, closely followed by the United Kingdom (24,733). Asia […]
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