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Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024

Article - Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024 - The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY).

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U S Hotel Construction Market Sees Record Highs

More than 6,000 hotel projects are in the works across the nation, an all-time high according to Lodging Econometrics.

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U S Hotel Construction Pipeline Reaches New Heights in Q1 2024

The latest U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals significant growth in hotel construction activity.

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Dallas Hotel Construction Pipeline Largest at Q1; Atlanta Hits Its All-Time High

The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms, then Nashville with 127 projects/16,199 rooms. Phoenix follows with 123 projects/16,198 rooms, and the Inland Empire with a new record-high 121 projects/12,324 rooms.

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LE: Texas city leads U S Q1 hotel construction pipeline

LE: Texas city leads U S Q1 hotel construction pipeline
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