PUBLISHER: GlobalData | PRODUCT CODE: 1930556
PUBLISHER: GlobalData | PRODUCT CODE: 1930556
This report provides a detailed analysis of leisure and hospitality construction projects globally, based on projects tracked by GlobalData.
GlobalData is tracking a pipeline of leisure and hospitality buildings projects with a total value of $2.7 trillion. The pipeline comprises of projects with the mixed-use developments accounting for the larger portion of the pipeline by value, at $1.8 trillion, while the hotel and resorts projects have a combined value of $926.3 billion. The global pipeline is dominated by projects in the late stages of development, with 76.7% of projects being in the pre-execution and execution phases - this amounts to $2.1 trillion in total value. Of this amount, $1.7 trillion is in the execution stage, and $416 billion is in the pre-execution stage. Projects in the early stages account for a relatively small share, with 23.3% of the pipeline by value reflecting projects in the pre-planning stage and planning stages. The largest overall pipeline is in Middle East and North Africa, totaling $831.2 billion, of which $680.3 billion is already in the execution stage, representing 81.8% of the total pipeline. This is followed by the pipeline in North America, with 48.4% of projects by value already in execution.