Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there were 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and a 7 percent YOY increase in rooms compared to last year. The details can be seen directly within the stages of the pipeline, which all saw YOY growth […]
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