Lodging Econometrics | December 22, 2015
Dec. 22, 2015 – PORTSMOUTH, NH – According to a recent United States Construction Trend Report from Lodging Econometrics, the total Pipeline is at 4,055 Projects, the highest point since the second quarter of 2009. There are 1,192 Projects currently Under Construction, up 12% Year-Over-Year (YOY). Projects scheduled to Start in the Next 12 Months have shown even greater growth, up 28% YOY, and are now at 1,755 Projects. Projects Under Construction and projects scheduled to Start in the Next 12 Months are both at their highest points since 2009. Projects in Early Planning, up 3% YOY, has 1,108 projects.
