November 3, 2008 (USA) – Lodging Econometrics (LE), the Global Authority for Hotel Real Estate, announced that it will introduce its inaugural issue of the Global Construction Pipeline Report at the annual meeting of the American Hotel and Lodging Association to be held at the Jacob K. Javits Convention Center in New York City November 7-8, 2008.

In his announcement, Patrick Ford, President of the Portsmouth, NH firm, noted, “The first ever Global Construction Pipeline Report took over three years to compile. It identifies every planned lodging project around the world. The inaugural report, which will be updated and available as a quarterly subscription, contains extensive detail on 10,781 planned hotels worldwide, having 1,819,486 guestrooms. They have been identified by LE’s staff of 50 global researchers, verified with each developer and cross-referenced with the appropriate lodging brands worldwide.”

Individual project records are aggregated for every market across the globe. Project Summaries for each individual market, country and continent are compiled by Stage of Construction. Competitive set summaries have been created for every lodging company and brand and for each investor group. Each summary includes a Three-Year Forecast for New Hotel Openings.

Ford said, “LE’s Global Construction Pipeline Report will document the most prolific period of hotel development in history. Many projects were seeded earlier in the decade. New Hotel Openings are set to surge and will set a global record in both 2009 and 2010, exceeding over 2,800 New Hotels per year and having more than 450,000 rooms. That will prove to be a cyclical high for New Supply, as there is now a noticeable deceleration in New Project Announcements into the Pipeline brought about by the recent financial crisis and economic slowdown.”

“It’s LE’s hope that the lodging industry, real estate investors and the vendor and supplier communities will find the report ideal for fine-tuning their strategic thinking, creating new marketing strategies, targeting key global accounts for revenue building programs and identifying markets of opportunity,” continued Ford.

To purchase a copy of LE’s Global Construction Pipeline Report & Forecast for New Hotel Openings or to inquire about Construction Pipeline Reports for a specific market, country or region of interest, please contact LE at +1 603-431-8740, ext. 25 or email info@lodgingeconometrics.com.