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Analysis of Hotel Openings

Over the past few years I have undertaken an analysis of changes in the hotel industry. I have tried to track the changes in the availability of hotels and hotel rooms across all regions of the world.

Hotel openings identified below from the data I have been able to collate from a huge variety of sources. While I would not claim to have a complete story, particularly in the Asia region I do think that it does provide an interesting analysis of changes in the hotel portfolio.

Region2014201520162017201820192020Total
Asia901871812342122201821306
Pacific46777588749171521
North America814989102312399219557386679
Caribbean1331214114218149
Central America32586558423321309
South America55594338232815261
Europe2684653693164153912412465
Africa24584864384318293
Middle East601041321271059451673
Total140120281957220518441876134512656
Table of Hotel Openings

I have categorised the hotel openings above into 3 buckets. Hope that the logic is clear and understable.

Conversion (Conv)

The term conversion is used in a variety of ways in the articles relating to the hospitality industry. I have chosen to simplify the definition. I have chosen to define conversion as the repurposing of an existing building into a hotel. This is sometimes referred to as adaptive reuse.

New Builds (NB)

This should be the easiest to understand. These are totally new constructions from the ground up. These compromise the largest grouping of Openings in the analysis.

Rebrandings (ReB)

Here the definition is simple. These are hotels which have changed the presentation of the hotel. Some of these hotels are properties which are changing brands, while some are joining a brand to increase their reach and others have chosen to go don the road of independent branding.

Regions2014201520162017201820192020Total
Asia901871812342122201821,306
Conv302956227
NB751461391801751771531,045
ReB12414045323727234
Pacific45777588749171521
Conv51471422
NB17434149465442292
ReB28293335213625207
North America8149891,0231,2399219557386,679
Conv18394049394624255
NB3335706638085976354384,044
ReB4633803203822852742762,380
Caribbean1331214114218149
Conv1113
NB3201220513477
ReB91192088469
Central America32586558423321309
Conv12115
NB26464949252216233
ReB6121681510471
South America55594338232815261
Conv12115
NB4034282919177174
ReB1524138411782
Europe2684653693164153912412,465
Conv26614475686730371
NB1331771361541831621361,081
ReB10922718987164162751,013
Africa24584864384318293
Conv21238
NB14363651172912195
ReB102011112111690
Middle East601041321271059451673
Conv321321113
NB4685117111737636544
ReB11171413301714116
Grand Total1,4012,0281,9572,2051,8441,8761,34512,656
Breakdown of Openings
Hotel and Travel Related News
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