MARRIOTT - TOPHOTELCONSTRUCTION€¦ · Marriott, the list is perhaps less surprising than one might think. With 328 hotel projects, the United States is currently leading in terms
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Source: www.tophotelconstruction.com
Hotel Construction Report
August 2020
MARRIOTT
Source: www.tophotelconstruction.com
OVERVIEW
Regions
58 Projects
16,948 Rooms
383 Projects
79,179 Rooms
76 Projects
15,052 Rooms
370 Projects
90,353 Rooms
48 Projects
10,568 Rooms22 Projects
4,086 Rooms
Source: www.tophotelconstruction.com
3
55%
45%
54% of all 957 hotel projects by Marriott that are currently arising around
the globe will be four-star hotels. In terms of hotel rooms the ratio of first
class to luxury hotels worldwide is 45% to 55%.
HOTEL SEGMENT
Categories
445 Projects
119,942 Rooms
512 Projects
96,244 Rooms
Source: www.tophotelconstruction.com
196 Projects
44,847 Rooms
25%
31%
20%
6%
18%
239 Projects
54,158 Rooms
295 Projects
59,293 Rooms
171 Projects
43,422 Rooms
56 Projects
14,466 Rooms
OVERVIEW
Year of Opening
Source: www.tophotelconstruction.com
PHASE
Construction
1%
9%
27%
53%
10%
94 Projects
19,239 Rooms
503 Projects
115,533 Rooms
96 Projects
20,167 Rooms
5 Projects
1,076 Rooms
259 Projects
60,171 Rooms
Source: www.tophotelconstruction.com
6
1. United States of America 328 66,335
2. China 240 61,930
3. Japan 26 3,269
4. India 21 3,517
5. Australia 20 4,530
6. Saudi Arabia 19 7,424
7. Mexico 18 4,062
8. Canada 16 2,532
9. United Arab Emirates 15 3,686
10. United Kingdom 15 2,787
While the global hospitality industry is a vibrant one, changing year to year in many
interesting ways, when it comes to the top 10 countries for hotel construction projects by
Marriott, the list is perhaps less surprising than one might think. With 328 hotel projects,
the United States is currently leading in terms of new hotel projects in the pipeline.
TOP 10
Countries
Source: www.tophotelconstruction.com
8 Projects
1,499 Rooms
13 Projects
2,061 Rooms
15 Projects
5,048 Rooms
The United States’ hotel market will grow by 328 hotels and a whopping 66,335 rooms,
making it the busiest and fastest-growing hotel market for Marriott.
PROJECT PIPELINE
United States of America
75%
25%
30%
35%
15%
20%
66,335328
81 Projects
29,012 Rooms
247 Projects
37,323 Rooms
97 Projects
21,246 Rooms
114 Projects
20,069 Rooms
49 Projects
14,293 Rooms
68 Projects
10,727 Rooms
Source: www.tophotelconstruction.com
If we look to rank countries based on the number of active hotel projects by Marriott in
each, China is way out in front with 240 planned openings and 61,930 rooms.
PROJECT PIPELINE
China
37%
63%15%
34%
23%
28%
61,930240
150 Projects
40,361 Rooms
90 Projects
21,569 Rooms
36 Projects
10,293 Rooms
81 Projects
20,300 Rooms
56 Projects
13,143 Rooms
67 Projects
18,194 Rooms
7 Projects
1,727 Rooms
8 Projects
1,920 Rooms
9 Projects
2,581 Rooms
Source: www.tophotelconstruction.com
1 Projects
373 Rooms
2 Projects
120 Rooms
4 Projects
270 Rooms
Japan’s hotel market is set to grow steadily in the future. 26 hotels by Marriott will bring
3,269 new rooms to the Japan’s hospitality market in the next few years.
PROJECT PIPELINE
Japan
65%
35%
35%
39%
11%
15%
3,26926
9 Projects
1,405 Rooms
17 Projects
1,864 Rooms
9 Projects
946 Rooms
10 Projects
953 Rooms
3 Projects
956 Rooms
4 Projects
414 Rooms
Source: www.tophotelconstruction.com
10
1. New York 15 5,048
2. Atlanta 13 2,061
3. Sanya 9 2,581
4. Dubai 9 2,111
5. Shenzhen 8 1,920
6. Indianapolis 8 1,499
7. Chengdu 7 1,727
8. Zhuhai 7 1,690
9. Las Vegas 6 4,851
10. Zhengzhou 6 1,760
Around the world, the hospitality industry shows no signs of slowing growth. When it
comes to the top 10 cities for hotel projects by Marriott, this ranking should not come as
a surprise. With 15 hotels in the pipeline New York is still a pioneer in expanding its hotel
industry strongly.
TOP 10
Cities
Source: www.tophotelconstruction.com
PROJECT PIPELINE
New York
5,04815
20%
67%
13%
3 Projects
856 Rooms
10 Projects
3,818 Rooms
2 Projects
374 Rooms
Unsurprisingly, New York tops the list of Marriott’s top urban growth markets with 15 new
hotels and 5,048 rooms planned for the coming years.
6 Projects
2,101 Rooms
9 Projects
2,947 Rooms
5 Projects
1,819 Rooms
7 Projects
2,253 Rooms
1 Projects
531 Rooms
2 Projects
445 Rooms
33%
47%
7%
13%
60%
40%
Source: www.tophotelconstruction.com
Atlanta is also in the top 3 cities for the Marriott project pipeline. With 13 projects and
2,061 rooms to add to the portfolio, Atlanta is one of the strongest cities for Marriott.
PROJECT PIPELINE
Atlanta
85%
15%
2,06113
2 Projects
478 Rooms
11 Projects
1,583 Rooms
54%
31%
8%
31%
61%
1 Projects
300 Rooms
4 Projects
629 Rooms
8 Projects
1,132 Rooms
1 Projects
166 Rooms
7 Projects
1,090 Rooms
4 Projects
505 Rooms
1 Projects
300 Rooms
7% 8%
Source: www.tophotelconstruction.com
Sanya has made a name for itself in the international hospitality and tourism sector
thanks to the extreme density of luxury hotels on offer in the city.
PROJECT PIPELINE
Sanya
33%
67%
12%11%
55%
2,5819
6 Projects
1,900 Rooms
3 Projects
681 Rooms
2 Projects
477 Rooms
1 Projects
204 Rooms
1 Projects
200 Rooms
5 Projects
1,700 Rooms
22%
12%
10%
78%
1 Projects
300 Rooms
1 Projects
200 Rooms
7 Projects
2,081 Rooms
Source: www.tophotelconstruction.com
14
TOP 10
Hotel Brands
106 Projects
29,884 Rooms
64 Projects
14,442 Rooms
93 Projects
17,915 Rooms
67 Projects
20,147 Rooms
61 Projects
9,901 Rooms
61 Projects
9,92 Rooms
49 Projects
14,369 Rooms
51 Projects
9,084 Rooms
50 Projects
9,960 Rooms
49 Projects
8,568 Rooms
Source: www.tophotelconstruction.com
PROJECT PIPELINE
Marriott Hotels & Resorts
29,884106
1. Asia Pacific 53 14,116
2. North America 28 10,221
3. Africa 9 2,101
4. Middle East 6 1,382
5. Europe 6 1,123
6. South America 4 941
28%
34%
17%
21%
30 Projects
8,328 Rooms
36 Projects
9,140 Rooms
18 Projects
6,079 Rooms
22 Projects
6,337 Rooms
14%
20%
59%
7%
15 Projects
4,641 Rooms
21 Projects
4,993 Rooms
63 Projects
18,085 Rooms
7 Projects
2,165 Rooms
Source: www.tophotelconstruction.com
PROJECT PIPELINE
Courtyrad by Marriott
17,91593
28%
34%
14%
24%
9%
31%
50%
10%
8 Projects
1,658 Rooms
29 Projects
5,150 Rooms
47 Projects
9,476 Rooms
9 Projects
1,631 Rooms
1. North America 32 5,018
2. Asia Pacific 26 6,080
3. Europe 21 3,800
4. Middle East 12 2,696
5. South America 2 321
26 Projects
5,168 Rooms
32 Projects
2,809 Rooms
13 Projects
1,081 Rooms
22 Projects
4,057 Rooms
Source: www.tophotelconstruction.com
PROJECT PIPELINE
Sheraton Hotels & Resorts
20,14767
25%22%
17%
36%
17 Projects
6,015 Rooms
15 Projects
4,234 Rooms
11 Projects
3,311 Rooms
24 Projects
6,587 Rooms
9%
16%
67%
8%
6 Projects
2,108 Rooms
11 Projects
3,355 Rooms
45 Projects
13,356 Rooms
5 Projects
1,328 Rooms
1. Asia Pacific 47 13,240
2. Europe 7 2,722
3. North America 6 2,618
4. Middle East 3 824
5. Africa 3 625
6. South America 1 118
Source: www.tophotelconstruction.com
TOPHOTELPROJECTS GmbH
Grosse Strasse 77
27356 Rotenburg
Germany
+49 (0) 4261 4140 0
info@tophotelprojects.com
www.tophotelprojects.com / www.tophotelconstruction.com
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