Close

Cart

Total $0.00

Checkout

May 25, 2017 – PORTSMOUTH, NH – In Q117, there were 513 Projects/57,127 Rooms newly announced into the Hotel Construction Pipeline according to analysts at Lodging Econometrics (LE).

212 Hotels/24,122 Rooms opened in the U.S. in the first quarter. The majority of these opens, 93 Hotels/10,018 Rooms, were in Suburban locations. Almost half of the opens, 100 Hotels/12,856 Rooms were hotel properties with between 100-200 rooms. 79 of these hotels and 10,544 of the rooms, or 37%, were in a top 25 market.

For the remainder of the year, LE forecasts another 868 Projects/97,386 rooms to open for a Total of 1,080 Hotels/121,508 Rooms in 2017, a 22% increase over the Total number of openings last year. In 2018, LE forecasts an additional 1,283 Hotels/143,038 Rooms will open in the U.S.

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 Dennison

edennison@lodgingeconometrics.com / +1 603.427.9544

Related News

The Americas, Asia Pacific and EMEA Are the Top World Regions in the Global Hotel Construction Pipeline

7% Year-Over-Year Growth in the Global Construction Pipeline

Construction Pipeline Growth in China and Its Major Cities Shows Marginal Growth Up 2% Year-Over-Year

Marriott, AccorHotels and IHG Top Asia Pacific Construction Pipeline, Excluding China

Asia Pacific's Top Countries and Cities for Hotel Construction Excluding China

The Asia Pacific Hotel Construction Pipeline Excluding China Continues Double Digit Increases Year-Over-Year

Top Countries & Cities in the Middle East and Africa Hotel Construction Pipelines Are Saudi Arabia, UAE and Qatar

Marriott, Hilton and AccorHotels Lead Construction Pipeline in the Middle East and Africa

The Middle East and Africa Hotel Construction Pipelines Continue to Grow

Germany Leads Europe's Hotel Construction Pipeline; London Ranks as Top City

Europe's Hotel Construction Pipeline Is Healthy and Continues to Rise

Latin America's Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY

2.5% Growth Rate of New Hotel Openings Expected in 2018 and 2019 in the United States

Extended-Stay Hotels Account for 27% of All Projects Under Construction in the United States

43% of All U.S. Hotel Construction Projects Are Upper Midscale

Total Construction Pipeline in Canada Up 11% by Projects YOY

Marriott Leads U.S. Construction Pipeline With 1,383 Projects Followed by Hilton and IHG

U.S. Markets With the Largest Construction Pipelines & Highest 2018 Growth Rates

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

North America Tops Global Construction Pipeline With 6,226 Projects Followed by Asia Pacific and EMEA

All News »

Please login or register to post a comment.