According to the recent Construction Pipeline Trend Report from Lodging Econometrics, Los Angeles has 18,229 rooms/108 projects in the total pipeline. Early planning currently stands at 6,382 rooms/37 projects. It is the highest room count for this stage in any market. Developers have yet to make a branding decision for 4,800 rooms/23 projects in early planning, representing significant opportunity for franchise companies and their brands. Additionally, there are 5,975 rooms/29 projects under construction and 5,872 rooms/42 projects scheduled to start construction in the next 12 months.