The "Project Insight - Global Leisure and Hospitality Projects" report has been added to Research and Markets' offering.

Spending on leisure and hospitality construction has improved significantly since 2012, rising to US$181 billion in 2016 and forecast to reach US$232 billion by 2021, supported by growing tourism, particularly in Asia-Pacific and the Middle East and Africa. Within these, China, Thailand, Malaysia, Indonesia, the UAE and Qatar are all expected to grow at above 7% per year, with huge developments planned or in progress.

This report provides a detailed analysis of the global leisure and hospitality buildings construction market. It features an analysis of US$2.7 trillion-worth of leisure and hospitality-related projects globally, from announcement to execution, and listings of the top 50 projects globally and top 20 for each region.

Key Highlights

  • Overall spending on leisure and hospitality construction was US$181bn in 2016, and predicted to rise by 5.2% per year in nominal terms to 2021
  • The largest markets by construction output value are the US, China and the UK with spending of US$56bn, US$39bn and US$10bn respectively.
  • The largest region by project pipeline for mixed-use leisure and hospitality projects is the Middle East and Africa, which is dominated by the UAE, ahead of Asia-Pacific. For pure leisure and hospitality projects, the largest is Asia-Pacific and largest single country by project pipeline value is the US.
  • Based on all projects in development and execution commencing on schedule, the total pipeline peaks at US$452 billion in 2019.
  • The leading global contractors are China State Construction, ACS and Arabtec, whilst the leading architects and designers are Gensler, HKS, Arcadis and Woods Bagot.

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