Let their be hotels Report shows increase in the number of projects around the world
f you want hotel projects, you got hotel projects. According to Lodging Econometrics' bi-annual "Global Construction Pipeline Trend Report," there has been an 86 percent increase in the number of projects worldwide since 2011—an all-time high. The report shows that there are currently 12,839 projects representing more than 2.1 million rooms in the global pipeline, compared to the approximately 6,900 projects with 1.3 million rooms that were in various stages of planning and construction seven years ago. Of the nearly 13,000 hotel projects currently underway, almost 6,000 are under construction, nearly 4,000 are getting ready to start construction and more than 2,900 are in the planning phase, the study says. U.S. hotel projects represented more than 40 percent of the global pipeline. Of the top 10 cities, six were in the United States, including New York (No. 1 overall), Dallas and Houston.
EON MODEL EL3 TM
Three Phase Centralized Emergency Lighting Inverter
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CIRCLE NO. 11
COMMERCIAL CONSTRUCTION & RENOVATION — NOVEMBER : DECEMBER 2018