2019 Hotel Giants Report: Hospitality sector is running hot and cool
BD+C
SEPTEMBER 4, 2019
Hospitality is hot—and, as we shall see, it’s also cool. Very cool. The global hotel construction pipeline hit a 10-year high in 2018, according to Lodging Econometrics. In the U.S., nearly 670,000 rooms were in development or under construction last year—116,000 rooms shy of the 2008 peak. New York, Los Angeles, Nashville, Dallas, and Houston are particularly robust.
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