August 23, 2016 – PORTSMOUTH, NH – According to the recent United States Construction Pipeline Trend Report from Lodging Econometrics (LE), Los Angeles has 104 Projects/17,912 Rooms in the pipeline. There are 28 Projects/6,030 Rooms Under Construction, 40 projects/5,539 Rooms Scheduled to Start Construction in the Next 12 Months and 36 Projects/6,343 Rooms in Early Planning.
At 36 Projects/6,343 Rooms, Los Angeles has the largest number of Early Planning projects of any market in the Construction Pipeline. Of these, 20 Projects/4,372 Rooms have yet to make a branding decision, the largest of which is a 1,000-Room project downtown slated to open in 2020. Of the remaining projects in Early Planning, Hilton has 5 Projects/672 Rooms, the most of any franchise company in the market.