The lodging industry is booming! There are at least 865 hotels, with more than 103,230 rooms, scheduled to open in the United States in 2016, according to STR. With record breaking demand and revenue, building activity has increased dramatically—there are 21 percent more rooms under construction today than there were a year ago. The cities seeing the most activity include New York, Houston, Los Angeles, Chicago, Washington, D.C., and Detroit. To read more, click here.
