Five Markets With the Most Hotel Construction

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The number of hotel projects that are already under construction or scheduled to start construction in the next 12 months total 3,782 projects and 213,798 rooms—a high for the cycle. Reflecting the strong cyclical highs in the pipeline, Lodging Econometrics’ forecast for new hotel openings will continue to rise in 2018 through 2020. New York City, Dallas, Houston, Los Angeles, and Nashville, are the hotel markets growing fastest.