The U.S. Construction Pipeline Showed Healthy Growth in the First Quarter

/The U.S. Construction Pipeline Showed Healthy Growth in the First Quarter

The U.S. Construction Pipeline Showed Healthy Growth in the First Quarter

|2018-05-02T12:05:57-04:00May 2nd, 2018|

The U.S. Construction Pipeline kicked off the first quarter of 2018 with 5,255 Projects/636,174 Rooms, up 4% by projects and 6% by rooms Year-Over-Year (YOY), according to analysts at Lodging Econometrics (LE). In comparison to the highest Pipeline level recorded by LE, the current quarter is just 628 Projects/149,373 Rooms, or 11% beneath the peak which occurred in Q208. We expect the Pipeline to continue its modest growth through 2018.
 


There are 1,592 Projects/205,449 Rooms Under Construction, up 5% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 2,297 Projects/272,459 Rooms are down 5% by projects YOY and projects in Early Planning are at 1,366 Projects/158,366 Rooms, up 23% YOY.

About Lodging Econometrics

LE 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 that turn business goals into opportunities that advance a company's competitive advantage. 

www.LodgingEconometrics.com

Contact: Emily Dennison

edennison@lodgingeconometrics.com/+1 603.427.9544

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