Lodging Econometrics (LE) reports that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 196 projects/32,121 rooms; Houston with 170 projects/20,083 rooms; Dallas with 128 projects/15,682 rooms; Nashville with 109 projects/13,789 rooms; and Los Angeles with 104 projects/17,912 rooms.
New York has continuously had the largest project count since the fourth quarter of 2011 while Houston has had the second largest for the last ten consecutive quarters.