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tophotelprojects.com IHG Hotel Construction Report January 2021

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Page 1: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

IHGHotel Construction Report

January 2021

Page 2: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

OVERVIEW

76 Projects11,417 Rooms

9 Projects1,499 Rooms

225 Projects51,956 Rooms

72 Projects13,452 Rooms

6 Projects1,275 Rooms

38 Projects13,826 Rooms

Page 3: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

HOTEL SEGMENT

65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels.

277 Projects60,574 Rooms

149 Projects32,818 Rooms

35%

65%

Page 4: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

OVERVIEW

192 Projects39,410 Rooms

99 Projects21,488 Rooms

49 Projects11,363 Rooms

86 Projects21,131 Rooms

20%

45%

12%

23%

Page 5: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com5

53 Projects11,468 Rooms

3 Projects446 Rooms

122 Projects24,105 Rooms

31 Projects6,219 Rooms

217 Projects51,154 Rooms

1% 29% 7%

12% 51%

PHASE

Page 6: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

TOP 10

Besides the strong focus on China and the USA, IHG is planning to expand their presence consistently around the globe.

1. China 122 28,261

2. United States of America 66 10,026

3. Australia 20 3,934

4. India 19 2,450

5. Saudi Arabia 14 7,954

6. Thailand 14 4,667

7. France 13 2,235

8. United Kingdom 13 1,877

9. UAE 12 3,655

10. Vietnam 10 2,936

Page 7: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

PROJECT PIPELINE

With 122 hotel projects and more than 28,000 rooms, China is IHG‘s key target marketin its global expansion plans.

8 Projects1,642 Rooms

122 28,261

51 Projects13,255 Rooms

71 Projects15,006 Rooms

58%

36 Projects8,131 Rooms

48 Projects11,377 Rooms

24 Projects5,553 Rooms

14 Projects3,200 Rooms

42%

39%

30%

12%

19%

7 Projects1,925 Rooms

6 Projects1,250 Rooms

Page 8: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

PROJECT PIPELINE

With 66 projects and 10,000 additional rooms in the planning, the US in the second strongest market for IHG.

6 Projects1,001 Rooms

66 10,026

21 Projects4,006 Rooms

45 Projects6,020 Rooms

68%

32%

3 Projects509 Rooms

2 Projects438 Rooms

10 Projects1,841 Rooms

34 Projects5,025 Rooms

21 Projects2,968 Rooms

1 Project192 Rooms

51%

15%

2%

32%

Page 9: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

TOP 10

Looking at IHG‘s top cities in terms of their hotel development, it might not be a surprise that Dubai is leading with 10 projects and 3,121 rooms.

1. Dubai 10 3,121

2. Chengdu 8 1,642

3. Hangzhou 7 1,925

4. Nanjing 6 1,250

5. New York 6 1,001

6. Kuala Lumpur 5 1,459

7. Zhengzhou 5 1,306

8. Shanghai 5 1,120

9. Melbourne 5 1,109

10. Chongqing 4 830

Page 10: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

TOP 10

30 Projects5,816 Rooms

61 Projects14,745 Rooms

69 Projects11,258 Rooms

51 Projects13,673 Rooms

86 Projects22,708 Rooms

18 Projects5,281 Rooms

21 Projects2,407 Rooms

24 Projects4,292 Rooms

19 Projects4,197 Rooms

27 Projects4,356 Rooms

Page 11: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

PROJECT PIPELINE

86 22,708

16 Projects3,734 Rooms

39 Projects7,925 Rooms

21 Projects7,869 Rooms

10 Projects3,180 Rooms

45%

19%

12%

24%

1. India 12 1,511

2. Australia 9 1,571

3. Saudi Arabia 7 5,026

4. USA 7 945

5. UK 6 1,033

16 Projects4,396 Rooms

19%

26 Projects5,792 Rooms

30%

34 Projects9,936 Rooms

39%

10 Projects2,584 Rooms

12%

Page 12: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

PROJECT PIPELINE

69 11,258

1. China 27 5,147

2. USA 10 1,441

3. UK 6 734

4. Australia 5 807

5. Poland 3 300

8 Projects1,448 Rooms

12%

24 Projects3,527 Rooms

34%

29 Projects5,149 Rooms

42%

8 Projects1,134 Rooms

12%

18 Projects3,098 Rooms

33 Projects5,246 Rooms

13 Projects1,896 Rooms

5 Projects1,108 Rooms

48%

26%

7%

19%

Page 13: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

PROJECT PIPELINE

61 14,745

1. China 18 4,137

2. USA 4 1,012

3. Vietnam 4 1,009

4. France 3 707

5. UAE 3 694

8 Projects1,445 Rooms

13%

14 Projects3,774 Rooms

23%

38 Projects9,421 Rooms

62%

1 Project105 Rooms

2%

21 Projects4,931 Rooms

22 Projects5,116 Rooms

10 Projects2,972 Rooms

8 Projects1,726 Rooms

36%35%

13%

16%

Page 14: Hotel Construction Report · 2021. 1. 5. · 65% of all 426 hotel projects by the InterContinental Hotels Group will be four-star hotels. 277 Projects 60,574 Rooms 149 Projects 32,818

tophotelprojects.com

TOPHOTELPROJECTS GmbH

Grosse Strasse 7727356 RotenburgGermany

+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.