According to the latest United States Construction Pipeline Trend Report from Lodging Econometrics, the total U.S. hotel construction pipeline ended Q1 2016 with 4,471 projects/551,965 rooms, up 15 percent by projects and 13 percent by rooms year-over-year. This is the 14th consecutive quarter of pipeline growth.
There are 1,356 projects/174,996 rooms currently under construction, up by 239 projects or 21 percent. Projects scheduled to start in the next 12 months, at 2,047 projects/234,638 rooms, are up 448 projects, or 28 percent. Projects in early planning with 1,068 projects/142,331 rooms are down by 101 projects, a decrease of 9 percent. It is the second consecutive quarter where the project and room count in early planning has dropped.
