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Report: Q1 hotel construction pipeline strong despite pandemic

May 5, 2020

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Although Lodging Econometrics reported that some hotel owners are taking the opportunity to renovate and reposition their properties while occupancy is low (1,385 projects/232,288 rooms), it noted that it is still too early to determine what the total impact of the coronavirus will be on the industry.

Los Angeles had the strongest hotel construction pipeline at the end of Q1 2020 with 166 projects and 27,752 rooms in the planning process, scheduled to start construction in the next year or under construction. Los Angeles was followed by Dallas (164 projects /19,999 rooms), New York City (152/26,111), Atlanta (143/19,423) and Houston (132/13,316).

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