Lodging Econometrics: U.S. Hotel Construction Pipeline Growth Continues

PORTSMOUTH, NH—Lodging Econometrics reports the U.S. hotel construction pipeline has posted nine straight quarters of year-over-year (YOY) growth and recorded increases of at least 10% YOY for the last five quarters.
The construction pipeline is now at 4,055 projects representing 503,935 rooms, up 15% YOY by projects and 14% by rooms compared to a year ago.