US hotel construction pipeline continues to see moderate growth | National Association of Hotel & Lodging Engineers

US hotel construction pipeline continues to see moderate growth

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Hotel Management
The total construction pipeline ended 2016 with 4,960 projects with 598,688 rooms, a 12-percent increase by number of projects and a 10-percent rise in the number of rooms year over year, according to the year-end United States Construction Pipeline Trend Report from Lodging Econometrics. The fourth quarter of 2016 was the 19th consecutive quarter of pipeline growth since the cyclical bottom of 2,720 projects with 331,129 rooms reported in the first quarter of 2012.  READ MORE