Tag: construction
STR: U.S. Hotel Construction Declines but Planning Activity is Up
HENDERSONVILLE, Tennessee—While a steady hotel construction decline continues nationally, volume in New York City and Nashville represents a significant percentage of those markets’ existing...
Los Angeles Leads U.S. Hotel Construction Pipeline by Rooms
PORTSMOUTH, N.H. — As the hotel industry attends ALIS in Los Angeles, Lodging Econometrics (LE) released its recent Hotel Construction Pipeline Trend Report, which...
Hilton Marks 2021 Development Milestones
MCLEAN, Va. — Hilton recently reported a record year of development, opening 414 properties and adding more than 67,100 rooms to its system in...
U.S. Hotel Construction Pipeline Declines Year Over Year in 2021
PORTSMOUTH, N.H. — At the close of Q4 2021, the total U.S. hotel construction pipeline stood at 4,814 projects totaling 581,953 rooms, down 8...
STR: U.S. Hotel Room Construction Down 61,000 From 2020 High
HENDERSONVILLE, Tennessee—The number of U.S. hotel rooms in construction is down roughly 61,000 from the country’s all-time high achieved in early 2020, according to...