Analysts at Lodging Econometrics (LE) report that the New York City hotel construction pipeline is at 196 projects/32,121 rooms. It is the largest pipeline in the U.S. New York City also has the highest number of projects under construction with 103 projects/19,010 rooms, 53 percent of New York’s total Pipeline. Projects scheduled to Start in the next 12 months are at 62 projects/8,868 rooms, while early planning stands at 31 projects/4,243 rooms.
Marriott International has the most pipeline projects under construction of any franchise company in New York City with 22 projects/5,526 rooms, the largest of which is a 614-room Moxy in Midtown.
