Los Angeles – the Second-Largest Hotel Construction Pipeline Market in the United States

Lodging Econometrics | July 26, 2021

PORTSMOUTH, NH – July 26, 2021 – In the most recent Lodging Econometrics (LE) Market Trend Report, the Los Angeles market has a total of 135 projects/22,586 rooms in the construction pipeline, the second-largest market pipeline in the U.S. behind New York City, which has 146 rooms/25,232 rooms. In Los Angeles, 34 projects/5,771 rooms are currently under construction, projects scheduled to start construction in the next 12 months are at 42 projects/6,359 rooms, and those in early planning are at 59 projects/10,456 rooms. Los Angeles should continue its fast-paced growth. For the first half of the year, it ranked fifth of all markets for...