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IHG Construction Report

July 2021 tophotelprojects.com Regions OVERVIEW

Europe 76 Projects 14,391 Rooms

North America 73 Projects 11,214 Rooms

Middle East 38 Projects 13,244 Rooms

Asia Pacific 256 Projects 58,087 Rooms Africa 9 Projects Latin America 1,694 Rooms 6 Projects 1,125 Rooms

tophotelprojects.com Luxury 158 Projects 23,112 Rooms Categories HOTEL SEGMENT

66% of all 458 hotel projects by IHG, will be four-star . In terms of hotel rooms the 34% ratio of first class to luxury hotels is 65% to 45%.

66%

First Class 300 Projects 64,643 Rooms

tophotelprojects.com Year of Opening OVERVIEW

29%

26% 26%

19%

2021 2022 2023 2024+ 119 Projects 133 Projects 87 Projects 119 Projects 24,761 Rooms 29,199 Rooms 18,667 Rooms 27,128 Rooms

tophotelprojects.com Construction PHASE

1% 30% 9%

Vision Planning Pre-Opening 3 Projects 138 Projects 41 Projects 496 Rooms 26,931 Rooms 8,157 Rooms

Pre-Planning Under Construction 41 Projects 235 Projects 9,193 Rooms 54,978 Rooms

9% 51%

5 tophotelprojects.com Countries TOP 10

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

1. China 146 32,718

2. United States of America 63 9,661

3. Australia 24 4,884

4. India 19 2,474

5. United Kingdom 18 2,688

6. Thailand 16 4,930

7. Saudi Arabia 14 7,827

8. Vietnam 12 3,583

9. Germany 11 2,425

10. France 11 1,986

tophotelprojects.com Cities TOP 10

Looking at IHG‘s top cities in terms of their hotel development, it might not be a surprise Country Projects Rooms that Chengdu is leading with 9 projects and 1,956 rooms.

1. Chengdu 9 1,956

2. Dubai 8 2,391

3. Nanjing 8 1,625

4. Hangzhou 7 1,925

5. New York 7 1,174

6. Zhengzhou 6 1,544

7. Kuala Lumpur 5 1,459

8. Shanghai 5 1,120

9. Melbourne 5 1,109

10. Frankfurt am Main 5 1,091

tophotelprojects.com Hotel Brands TOP 10

Hotel Indigo Hotels & Resorts InterContinental Hotels & Resorts Hotels & Resorts Kimpton Hotels & Resorts 86 Projects 80 Projects 68 Projects 58 Projects 32 Projects 14,573 Rooms 21,080 Rooms 16,656 Rooms 15,299 Rooms 6,163 Rooms

Staybridge Suites Even Hotels Six Senses HUALUXE Hotels & Resorts 27 Projects 24 Projects 22 Projects 20 Projects 17 Projects 4,122 Rooms 4,308 Rooms 4,856 Rooms 2,336 Rooms 4,786 Rooms

tophotelprojects.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.

TOPHOTELPROJECTS GmbH Grosse Strasse 77 +49 4261 4140 0 27356 Rotenburg [email protected] Germany www.tophotelprojects.com │www.tophotelconstruction.com

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