LE: Record number of projects in U.S. construction pipeline
Hotel Business
OCTOBER 28, 2024
Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. The upscale chain scale follows with 1,407 projects/174,127 rooms.
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