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August 29, 2016 – PORTSMOUTH, NH – Lodging Econometrics (LE) reports that 902 Hotels/101,454 Rooms are expected to open in the United States by the close of 2016, up from 736 Hotels/82,074 Rooms opened in 2015.

Through the second quarter of 2016, 380 Hotels/42,798 Rooms have already opened, with another 522 Hotels/58,656 Rooms forecast for the remaining two quarters. LE forecasts that New Hotel Openings will jump to 1,099 Hotels/120,418 Rooms in 2017.

Marriott has the most New Hotel Openings of any franchise company in the second quarter of 2016 with 53 Hotels/5,959 Rooms. Fairfield Inn is Marriott’s top brand for New Hotel Openings with 18 Hotels/1,704 Rooms. Following is Courtyard with 12 Hotels/1,556 Rooms and TownePlace Suites with 8 Projects/763 Rooms. SpringHill Suites & Residence Inn are next with 7 New Hotel Openings each. These five brands make up 98% of all newly opened Marriott hotels in the second quarter.

About Lodging Econometrics

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

elloyd@lodgingeconometrics.com / +1 603.427.9544

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