New Hotel Openings Expected to Grow 2.5 Percent in 2018 and 2019

    By the end of 2018, the number of open and operating hotels in the United States is expected to grow by 2.5 percent with 1,146 properties totaling 130,877 rooms opening, according to published reports from Lodging Econometrics (LE). Of those expected to open, 511 projects/50,105 rooms will be in the upper-midscale segment, the highest count of any chain scale and 45 percent of all new openings.

    In 2019, 1,215 hotels totaling 137,105 rooms are expected to open, grow the Census of Open and Operating Hotels in the United States by another 2.5 percent. About 6 percent more projects are anticipated to open in 2019 vs. 2018. In 2019, New York is again expected to take the spot of the top market for new hotel openings, with 47 projects/7,239 rooms.

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