The hotel development story in Europe and the Middle East tells a very different story from the U.S. β especially when it comes to luxury, construction timelines, and where brands see real long-term opportunity.
I connected with Bruce Ford, SVP at Lodging Econometrics, to break down the latest pipeline numbers across Europe and the Middle East: luxury dominance, delays, conversions, and why so many projects now push out toward 2027β2028.
On #NoVacancyNews, Bruce explains what's fueling the surge in full-service and luxury projects, why construction timelines remain stretched, and how the Middle East continues building entire districts β not just hotels.
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Key Insights:
π Why Europe and the Middle East dominate global luxury pipelines π¨ How construction timelines pushed out nearly a year post-pandemic π Why major Middle East projects involve entire cities, not single assets π‘ How Europe trails U.S. trends by 6β12 months β and what that means π§ Why conversions and renovations surge as markets hit a performance plateau π·οΈ How "unbranded" boutique concepts evolve into recognized chain-scale brands
Question for you: Which region feels more primed for growth right now β Europe or the Middle East?