U.S. Hotel Construction Pipeline Up 10 Percent Year Over Year in Q3 2022
PORTSMOUTH, N.H. — According to the Q3 2022 Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. hotel construction pipeline stands at 5,317 projects totaling 629,489 rooms, up 10 percent by projects and 6 percent by rooms year over year (YOY). At the close of Q3, LE reports that 987 hotel projects totaling 135,050 rooms are under construction in the United States. The number of projects scheduled to start construction […]
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