These Five U.S. Markets Have Most Hotels in the Works

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These Five U.S. Markets Have Most Hotels in the Works

Portsmouth, NH, January 26, 2018-According to recent reports, analysts at Lodging Econometrics (LE) state that the five U.S. markets with the largest hotel construction pipelines by project count are: New York with 180 Projects/30,699 Rooms; Dallas with 149 Projects/17,860 Rooms; Houston with 146 Projects/15,714 Rooms; Nashville, dipping below 120 projects for the first time since Q216, has 116 Projects/15,793 Rooms; and Los Angeles has 110 Projects/16,733 Rooms.

New York has the most New Hotel Openings forecasted for 2018 with 57 Hotels/9,534 Rooms, then Dallas, which is expected to open 34 Hotels/3,841 Rooms, followed by Houston with 31 Hotels/3,113 Rooms. New York is also forecasted to open the most hotels in 2019 with 37 Projects/4,601 Rooms, followed closely by Houston with 36 Projects/4,381 Rooms expected to open next year.