In a new report, the data-crunchers noted the country’s total hotel-construction pipeline stands at 2,761 hotels with 580,635 rooms, up 12 per cent by hotels and 6 per cent by rooms year over year. At year-end 2018, both hotels and rooms in the construction pipeline were at new all-time highs, surpassing the previous cyclical high of 2,658 hotels set in Q4 2014.

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This story was written by Jena Tesse Fox for Hotel Management.