PUBLISHER: GlobalData | PRODUCT CODE: 1562701
PUBLISHER: GlobalData | PRODUCT CODE: 1562701
This report provides a detailed analysis of leisure and hospitality construction projects globally, based on projects tracked by GlobalData.
GlobalData is currently tracking (Q3 2024) a pipeline of leisure and hospitality buildings projects with a total value of $1.89 trillion, decreasing marginally from $1.95 trillion in Q2 2024. This comprises hotel and resorts projects in addition to mixed-use developments that include a significant component of leisure and hospitality. The pipeline comprises of projects with a minimum value of $25 million, of which the mixed-use developments account for the larger portion of the pipeline by value, at $1.26 trillion, while the hotel and resorts projects have a combined value of $620.8 billion. The largest overall pipeline is in North America, totaling $629.1 billion, of which $324.1 billion is already in the execution stage, representing 51.5% of the total pipeline. Meanwhile the pipeline of projects in the Middle East and North Africa is relatively more mature, with 84.2% of projects by value already in execution.