Close

Cart

Total $0.00

Checkout

November 6, 2017 – PORTSMOUTH, NH – According to recent reports, analysts at Lodging Econometrics (LE) state that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 181 Projects/30,225 Rooms; Houston with 148 Projects/16,398 Rooms; Dallas with 143 Projects/17,580 Rooms; Nashville, which hit a cyclical peak this quarter, has 124 Projects/16,699 Rooms; and Los Angeles has 112 Projects/16,780 Rooms.

New York has the most New Hotel Openings forecasted for 2017 with 39 Hotels/6,128 Rooms, then Dallas, which is expected to open 37 Hotels/4,510 Rooms followed by Houston with 27 Hotels/2,828 Rooms. New York is also forecasted to open the most hotels in 2018 with 48 Projects/7,905 Rooms and in 2019, with 35 Projects/5,046 Rooms.

The markets with the most New Project Announcements into the Pipeline in the last 12 months are: New York with 59 Projects/9,563 Rooms, Dallas with 54 Projects/7,142 Rooms, and Orlando with 40 Projects/11,394 Rooms.

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

North America, Asia Pacific and EMEA Lead World Regions in Global Hotel Construction Pipeline

Global Hotel Construction Pipeline Up 8% YOY with 12,427 Projects

Best Practices in Creating and Completing Construction Knock-out Punch Lists

Shanghai Leads China's Construction Pipeline Followed by Guangzhou, Chengdu and Beijing

Asia Pacific Construction Pipeline Excluding China Up 15% by Projects YOY

Middle East Construction Pipeline Shows Growth with Projects Up 12% YOY

Europe's Hotel Construction Pipeline Up 22% Led by AccorHotels

Latin America’s Construction Pipeline is Stalling, Down 4% by Projects YOY

Projects in Canada's Construction Pipeline are Up 11% YOY

New Openings Growing Steadily as the Cycle Matures

Upper Midscale and Upscale Are the Largest Chain Scales in the U.S. Construction Pipeline Comprising 67%

Marriott, Hilton and IHG Comprise 68% of All Projects in Total U.S. Construction Pipeline

Marriott Has the Largest Construction Pipeline of Any Franchise Company in the U.S.

U.S. Hotel Construction Pipeline Shows Moderate Increases Up 4 Percent by Projects and Rooms YOY

The Americas Is the Top World Region and Market in the Global Construction Pipeline

Global Hotel Construction Pipeline Growing with Projects up 8% YOY

Hotel Construction Pipeline in the Middle East Is Growing with Projects Up 13% YOY

The Europe Hotel Construction Pipeline Is up 25% With 1,186 Projects in the Total Pipeline

Latin America's Construction Pipeline Is Stalling

China's Construction Pipeline Remains Strong Up 7% YOY with Shanghai Leading the Way

All News »

Please login or register to post a comment.