At year-end 2020, Europe’s hotel construction pipeline stands at 1,905 projects/307,093 rooms
During the fourth quarter of 2020, Europe opened 65 hotels/9,606 rooms, for a total of 289 hotels/40,971 rooms in 2020. LE is forecasting another 420 projects/58,711 rooms to open in 2021 and another 468 projects/69,490 rooms to open in 2022.
By, Travel News - February 26, 2021
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