Raleigh to Experience a 9% Increase in Hotel Room Supply Over the Next 12 Months

Hotel Market Data | August 9, 2021

BuildCentral’s Hotel Market Data (HMD) Index indicates over 1,600 new hotel rooms under construction to become available in the Raleigh region by the end of Q3 2022.   Chicago, IL – August 9, 2021 – Raleigh, North Carolina anticipates a 9.18% increase in the supply of hotel rooms by the end of the third quarter of 2022. The total supply will increase from the 18,474 currently available to over 20,169 available rooms as 6 hotels are slated to open in the Raleigh region over the next 12 months. According to the HMD Index, which provides real-time room supply and construction pipeline data for the US hotel industry, the supply ...