The hotel development pipeline across the Asia-Pacific, excluding China, region (APEC) continued its notable growth trajectory through the third quarter of 2024, according to the latest Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE). At the close of Q3, the total APEC hotel construction pipeline reached new record highs of 2,072 projects and 410,863 rooms, representing year-over-year (YOY) increases of 7% and 3% respectively.
