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

Source: www.tophotelconstruction.com

Hotel Construction Report

August 2020

MARRIOTT


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


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


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


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


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


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


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


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


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


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%


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%


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


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


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


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



3. Europe 21 3,800

4. Middle East 12 2,696


26 Projects

5,168 Rooms

32 Projects

2,809 Rooms

13 Projects

1,081 Rooms

22 Projects

4,057 Rooms


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


2. Europe 7 2,722


4. Middle East 3 824

5. Africa 3 625



TOPHOTELPROJECTS GmbH

Grosse Strasse 77

27356 Rotenburg

Germany

+49 (0) 4261 4140 0

[email protected]

www.tophotelprojects.com / www.tophotelconstruction.com

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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