Close

Cart

Total $0.00

Checkout

In the most recent Lodging Econometrics (LE) Hotel Construction Pipeline Trend report, LE states that Houston has a total of 150 projects/16,473 rooms in the construction pipeline, the third highest in the U.S. behind New York City with 170 rooms/29,630 rooms and Dallas with 157 projects/18,954 rooms.

In Houston, 45 projects/5,531 rooms are presently under construction, projects scheduled to start construction in the next 12 months are at 58 projects/6,031 rooms, and those in early planning are at 47 projects/ 4,911 rooms. If all of the projects in the pipeline eventually come to fruition, this will increase the city’s guest room supply by 19.2%.

Of the ten market tracts in Houston, the three with the largest hotel construction pipelines are: the George Bush Airport area with 26 projects/2,606 rooms; the Southwest Freeway area with 20 projects/1,941 rooms; and the Eastern part of Houston to include Baytown with 20 projects/1,653 rooms. These three important market tracts combined account for 44% of Houston’s total construction pipeline.

Houston should continue its fast-paced growth. For the first half of the year, it ranked fifth of all markets for the most new hotel projects announced into the pipeline, with 33 projects/3,721 rooms.

About Lodging Econometrics

Lodging Econometrics is the leading provider of global hotel intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable business development programs for hotel franchise companies looking to accelerate their brand growth, hotel ownership and management companies seeking to expand their real estate portfolios, and lodging industry vendors wanting to increase their sales. LE’s programs turn a client’s business goals into opportunities that advances their competitive advantage.

Contact: Rebecca Evans

revans@lodgingeconometrics.com / +1 603.427.9547

Related News

IHG’s Holiday Inn Express, Hilton’s Home2 Suites, and Marriott’s Fairfield Inn Claim 20% of U.S. Construction Pipeline Projects

The U.S. Hotel Construction Pipeline Continues to Grow in the First Quarter as the Economy Shows Surprising Strength

China’s Hotel Construction Pipeline Hits New All-Time High Despite Growing Concerns About the Economic Slowdown

Global Construction Pipeline Hits Record High at 2018 Year-End

European Pipeline Soars Despite Economic Slowdown Throughout the Region

Supply Growth in Top 25 U.S. Markets to Accelerate

Marriott, Hilton and IHG Development Projects Lead the U.S. Hotel Construction Pipeline

The Year-End U.S. Hotel Construction Pipeline Continues Steady Growth Trend

China’s Hotel Construction Pipeline Remains Strong Despite A Slowing Economy

Spotlight Market: San Diego

Markets to Watch: Atlanta Hotel Development

Canada’s Construction Pipeline Projects Are at a Cyclical High

New York City Leads U.S. Construction Pipeline Followed by Dallas, Houston, Los Angeles and Nashville

Franchise Companies and Brands Dominating the U.S. Construction Pipeline

U.S. Construction Pipeline Continues on a Modest Growth Trajectory

Lodging Econometrics’ Patrick H. Ford Receives Lifetime Achievement Award at The Phoenix Lodging Conference

Global Construction Pipeline Projects Have Been Ascending for 4.5 Years and Have Reached Record Highs

Asia Pacific’s Construction Pipeline, Excluding China, Is in Its 5th Year of Growth and May Be Nearing Its Peak

Middle East Hotel Construction Pipeline Continues Rapid Expansion With Highest Counts in Over a Decade

Hotel Construction Pipeline in Europe Shows Double-Digit Growth

All News »

Please login or register to post a comment.