Home / Daily Feed / L.A. Has Highest Room Count in Early Planning Stage

L.A. Has Highest Room Count in Early Planning Stage

According to the recent Construction Pipeline Trend Report from Lodging Econometrics, Los Angeles has 18,229 rooms/108 projects in the total pipeline. Early planning currently stands at 6,382 rooms/37 projects. It is the highest room count for this stage in any market. Developers have yet to make a branding decision for 4,800 rooms/23 projects in early planning, representing significant opportunity for franchise companies and their brands. Additionally, there are 5,975 rooms/29 projects under construction and 5,872 rooms/42 projects scheduled to start construction in the next 12 months.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Scroll To Top