Dallas Pipeline Growth Continues with 128 Projects Under Construction, Scheduled and Planned
August 19, 2016 1:02pm
August 19, 2016 – PORTSMOUTH, NH – Lodging Econometrics reports that according to its most recent Construction Pipeline Trend Report, Dallas has 128 Projects/15,682 Rooms in the pipeline, the third highest in the U.S. Projects Under Construction are at 40 Projects/5,170 Rooms, those Scheduled to Start Construction in the Next 12 Months are at 68 Projects/8,334 Rooms while those in Early Planning are at 20 Projects/2,178 Rooms.
Second only to Nashville, Dallas added the most projects Year-Over-Year (YOY) to its pipeline with 27 Projects/2,771 Rooms. Under Construction added 19 Projects/2,303 Rooms, up 90% by projects YOY and those Scheduled to Start Construction in the Next 12 Months added 28 Projects/3,619 Rooms, an increase of 70%. As a result of project migration up the pipeline towards construction, Early Planning fell by 20 Projects/3,151 Rooms, down 50% YOY.
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construction pipeline trend report
Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.
Contact: Emily Lloyd
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