hotel construction report
TRANSCRIPT
tophotelprojects.com
ACCORHotel Construction Report
January 2021
tophotelprojects.com
OVERVIEW
34 Projects6,461 Rooms
21 Projects3,138 Rooms
210 Projects49,361 Rooms
102 Projects18,086 Rooms
61 Projects15,126 Rooms
68 Projects19,764 Rooms
tophotelprojects.com
HOTEL SEGMENT
53% of all 496 hotel projects by Accor, will be four-star hotels. In terms of hotel roomsthe ratio of first class to luxury hotels is 56% to 44%.
264 Projects62,574 Rooms
232 Projects49,362 Rooms
47%
53%
tophotelprojects.com
OVERVIEW
204 Projects44,152 Rooms
41%
126 Projects28,173 Rooms
38 Projects9,456 Rooms
128 Projects30,155 Rooms
25%26%
8%
tophotelprojects.com5
42 Projects8,153 Rooms
176 Projects37,700 Rooms
45 Projects9,477 Rooms
233 Projects56,606 Rooms
35% 9%
9% 47%
PHASE
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TOP 10
When it comes to the top 10 countries for hotel construction projects by Accor, the list is perhaps less surprising than one might think. With 97 hotel projects, China is currently leading in terms of new hotel projects in the pipeline.
1. China 97 23,855
2. Saudi Arabia 22 6,865
3. Egypt 20 8,212
4. UAE 19 6,820
5. Vietnam 19 4,925
6. Australia 17 3,237
7. Indonesia 15 2,689
8. United States of America 14 2,942
9. Mexico 14 2,226
10. France 13 2,484
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PROJECT PIPELINE
If we look to rank countries based on the number of active hotel projects by Accor, China is way out in front with 92 planned openings and 22,003 rooms.
4 Projects1,139 Rooms
97 23,855
54 Projects12,142 Rooms
43 Projects11,713 Rooms
44%
35 Projects8,570 Rooms
33 Projects8,257 Rooms
23 Projects5,468 Rooms
6 Projects1,560 Rooms
56%
34%36%
6%
24%
4 Projects956 Rooms
4 Projects702 Rooms
tophotelprojects.com
PROJECT PIPELINE
Accor‘s hotel portfolio in Saudi Arabia will grow by 22 hotels and 6,865 rooms in thenext couple of years.
8 Projects1,875 Rooms
22 6,865
6 Projects1,127 Rooms
16 Projects5,738 Rooms
73%
27%
23%
9%
32%
7 Projects1,406 Rooms
3 Projects2,417 Rooms
30 Projects7,058 Rooms
11 Projects2,991 Rooms
21 Projects5,081 Rooms
30 Projects6,873 Rooms
36%
tophotelprojects.com
PROJECT PIPELINE
The hotel market in Egypt will grow by 20 hotels and 8,212 rooms, making it one of the top 3 countries for projects by Accor.
4 Projects2,393 Rooms
20 8,212
13 Projects5,910 Rooms
7 Projects2,302 Rooms
35%
65%
15%
45%
10%
30%
2 Projects2,074 Rooms
2 Projects620 Rooms
9 Projects2,602 Rooms
3 Projects2,804 Rooms
6 Projects2,136 Rooms
2 Projects970 Rooms
tophotelprojects.com
TOP 10
Around the world, the hospitality industry shows no signs of slowing growth. When it comes to the top 10 cities for hotel projects by Accor, this ranking should not come as a surprise. With 14 hotels in the pipeline Dubai is still a pioneer in expanding its hotel industry strongly. 1. Dubai 14 4,143
2. Jeddah 8 1,875
3. Riyadh 7 1,406
4. Doha 6 2,267
5. Paris 6 1,870
6. Mexico City 6 946
7. Muscat 5 1,309
8. Sharm El-Sheikh 4 2,393
9. Kuala Lumpur 4 1,373
10. Wuhan 4 1,139
tophotelprojects.com
TOP 10
38 Projects5,008 Rooms
45 Projects12,848 Rooms
46 Projects13,091 Rooms
41 Projects6,381 Rooms
71 Projects17,246 Rooms
21 Projects6,367 Rooms
26 Projects7,127 Rooms
28 Projects9,565 Rooms
24 Projects5,965 Rooms
37 Projects4,992 Rooms
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PROJECT PIPELINE
71 17,246 41%
15%
6%
38%
1. Saudi Arabia 8 3,847
2. China 4 1,635
3. Germany 4 722
4. Russia 3 603
5. Brazil 3 420
5 Projects1,103 Rooms
7%
32 Projects9,234 Rooms
45%
28 Projects5,829 Rooms
39%
6 Projects1,080 Rooms
9%
11 Projects2,596 Rooms
29 Projects5,682 Rooms
27 Projects8,236 Rooms
4 Projects732 Rooms
tophotelprojects.com
PROJECT PIPELINE
46 13,091
18 Projects4,727 Rooms
18 Projects5,504 Rooms
6 Projects1,599 Rooms
4 Projects1,261 Rooms
39% 39%
9%
13%
1. China 21 5,627
2. Vietnam 4 1,088
3. Philippines 2 400
4. Indonesia 2 371
4 Projects771 Rooms
9%
10 Projects2,661 Rooms
21%
28 Projects8,378 Rooms
61%
4 Projects1,281 Rooms
9%
tophotelprojects.com
PROJECT PIPELINE
45 12,848
1. Vietnam 7 1,985
2. UAE 5 2,209
3. Egypt 4 1,332
4. Pakistan 3 1,032
5. Saudi Arabia 3 912
4 Projects929 Rooms
9%
13 Projects4,208 Rooms
29%
21 Projects6,250 Rooms
46%
7 Projects1,461 Rooms
16%
10 Projects3,026 Rooms
14 Projects3,215 Rooms
17 Projects5,517 Rooms
4 Projects1,090 Rooms
31%
22%
9%
38%
tophotelprojects.com
TOPHOTELPROJECTS GmbH
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+49 4261 4140 [email protected] │www.tophotelconstruction.com
All data displayed in this report are extracted from the TOPHOTELPROJECTS construction database in October 2020. We include all project categories and phases for all four and five-star hotel projects. Please note that this data may differ from the current figures you will find in the database, as our international research team is updating and adding projects daily. For any questions or quires, do not hesitate to get in touch with us.