The U.S. pipeline reached a record 6,211 projects and 722,821 rooms, up 9 percent and 7 percent year-over-year, according to Lodging Econometrics’ third quarter 2024 report. At the end of the third quarter, 1,185 projects with 148,716 rooms were under construction, representing an 11 percent increase in projects and 6 percent in rooms year-over-year.
THE U.S. PIPELINE reached a record 6,211 projects and 722,821 rooms, up 9 percent and 7 percent year-over-year, according to Lodging Econometrics’ third quarter 2024 U.S. Hotel Construction Pipeline Trend Report. Dallas leads the five markets with the largest hotel construction pipelines, reaching a record 194 projects and 22,803 rooms.
