New U.S. Hotel Openings for 2016

    PORTSMOUTH, N.H.—Lodging Econometrics (LE) reports that 902 hotels/101,454 rooms are expected to open in the United States by the close of 2016, up from 736 hotels/82,074 rooms opened in 2015.

    Through the second quarter of 2016, 380 hotels/42,798 rooms have already opened, with another 522 hotels/58,656 rooms forecast for the remaining two quarters. LE forecasts that new hotel openings will jump to 1,099 hotels/120,418 rooms in 2017.

    Advertisement
    Previous articleNeed-to-Knows of Negotiating a Franchise Contract
    Next articleDuetto Develops Personalized Loyalty Pricing