los angeles hotel pipeline
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...
Los Angeles Has the Largest Hotel Construction Pipeline in the United States
Lodging Econometrics (LE) | January 27, 2020
January 27, 2020 – PORTSMOUTH, NH – In the most recent Lodging Econometrics (LE) Construction Pipeline Trend report on Los Angeles, LE states that Los Angeles has a total of 168 projects/28,501 rooms in the construction pipeline, the largest pipeline of any market in the U.S. Of this total, hotels presently under construction are at 46 projects/7,064 rooms, projects scheduled to start construction in the next 12 months are at 56 projects/9,199 rooms, and those in early planning are at 66 projects/ 12,238 rooms. If all of the projects in the pipeline come to fruition, this will increase the city’s guest room supply by 27.1%. The thr...