Q1 2022 Data Shows a Slight Increase in the U.S. Construction Pipeline
According to the Q1 2022 Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the total U.S. construction pipeline stands at 5,090 projects/606,302 rooms at the end of the first quarter of 2022. LE analysts report that the total U.S. construction pipeline shows a small increase year-over-year (YOY), up 2 percent by projects, but down 3 percent by rooms. At Q1 2022, there were 961 projects/128,784 rooms under construction, down 27 percent […]
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