Lodging Econometrics: U.S. Hotel Projects Reach All-Time High in Q2 2024

As seen in the Q2 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there were 6,095 projects with 713,151 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and an 8 percent YOY increase in rooms compared to Q2 2023 totals. At the close of the second quarter, there were 1,171 projects comprising 147,611 rooms under construction, […]

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