Leisure and Hospitality Construction Project Insights and Analytics (Q1 2024)
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Leisure and Hospitality Construction Projects Market Overview
GlobalData is currently tracking leisure and hospitality building pipeline projects that are cumulatively valued at $1.85 trillion. The projects comprise hotels and resorts along with mixed-use developments that include a significant component of leisure and hospitality-related projects. Furthermore, North America accounts for the highest share of room additions during 2024-2028.
The leisure and hospitality construction projects market research report offers a detailed analysis of leisure and hospitality construction projects globally. The report also includes an exhaustive overview of 20 projects per region with insights on the country, stage, and value of the projects.
Market Size | $1.85 trillion |
Key Regions | · North America
· Latin America · Western Europe · Eastern Europe · Middle East and North Africa |
Key Funding Mode | · Private
· Public/Private · Public |
Key Contractors (North America) | · Actividades de Construccion y Servicios
· AECOM · PCL Employees Holdings · Flintco · J.E. Dunn Construction Group |
Key Designers and Consultants (North America) | · M. Arthur Gensler Jr. & Associates
· Kimley-Horn and Associates · HKS · Elkus Manfredi Architects · Arcadis NV |
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Leisure and Hospitality Construction Projects Market Segmentation by Regions
The key regions in the leisure and hospitality construction projects market are North America, Latin America, Western Europe, Eastern Europe, Middle East and North Africa, Sub-Saharan Africa, South-East Asia, North-East Asia, South Asia, and Australasia. North America accounts for the highest share of the construction projects pipeline value.
North America: The regional government’s emphasis on revitalizing the tourism industry will encourage investments in the leisure and hospitality construction market. The US government has set a target of attracting maximum visitors to the country by 2027, encouraging investments in leisure and hospitality construction projects.
Latin America: Mexico accounts for the majority of the project pipeline in Latin America. Moreover, the increase in tourism activities in Latin America will fuel investments in leisure and hospitality construction sector during the forecast period.
Eastern Europe: Russia and Hungary largely dominate the project pipeline in Eastern Europe. In the short term, investments in leisure and hospitality construction may be affected by weak consumer and business confidence. This is because of the high inflation and the impact of Western sanctions on Russia. However, in the long term, an expected rise in tourism will drive construction activities in the region.
Leisure and Hospitality Construction Projects Market Analysis by Region
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Leisure and Hospitality Construction Projects Market Segmentation by Funding Modes
The key funding modes in the leisure and hospitality construction projects market are private, public/private, and public. The private funding mode accounts for the majority share in the leisure and hospitality construction projects market.
Leisure and Hospitality Construction Projects Market Analysis, by Funding Modes
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Leisure and Hospitality Construction Projects Market - Key Contractors
A few of the key contractors in the leisure and hospitality construction projects market in North America are Actividades de Construccion y Servicios, AECOM, PCL Employees Holdings, Flintco, J.E. Dunn Construction Group among others.
Leisure and Hospitality Construction Projects Market - Key Designers and Consultants
A few of the key designers and consultants in the leisure and hospitality construction projects market in North America are M. Arthur Gensler Jr. & Associates, Kimley-Horn and Associates, HKS, Elkus Manfredi Architects, Arcadis NV among others.
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Scope
- The report provides analysis based on GlobalData’s construction projects showing total project values and analysis by stage and funding for all regions.
- The reports lists out the top 20 projects per region, including the country, stage, and value of the projects. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers, and project owners.
Reasons to Buy
- Gain insight into the development of the leisure and hospitality construction sector.
- Assess all major projects by value, start date, scope, and stage of development globally, for the regions to support business development activities.
- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
Table of Contents
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Frequently asked questions
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What is the current leisure and hospitality construction pipeline market size?
The current leisure and hospitality construction pipeline market size is $1.84 billion.
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Which are the key regions in the leisure and hospitality construction projects market?
The key regions in the leisure and hospitality construction projects market are North America, Latin America, Western Europe, Eastern Europe, Middle East and North Africa, Sub-Saharan Africa, South-East Asia, North-East Asia, South Asia, and Australasia.
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What are the key funding modes for the leisure and hospitality construction projects market?
The key funding modes for the leisure and hospitality construction projects market are private, public/private, and public.
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Who are the key contractors in the leisure and hospitality construction projects market?
A few of the key contractors in the leisure and hospitality construction projects market in North America are Actividades de Construccion y Servicios, AECOM, PCL Employees Holdings, Flintco, J.E. Dunn Construction Group among others.
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Who are the key designers and consultants in the leisure and hospitality construction projects market?
A few of the key designers and consultants in the leisure and hospitality construction projects market in North America are M. Arthur Gensler Jr. & Associates, Kimley-Horn and Associates, HKS, Elkus Manfredi Architects, Arcadis NV among others.
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