The U.S. Construction Pipeline Stands at 4,814 Projects/581,953 Rooms at Year-End 2021

Lodging Econometrics | January 24, 2022

PORTSMOUTH, NH – January 24, 2022 – Analysts at Lodging Econometrics (LE) report that at the fourth quarter close of 2021, the total U.S. construction pipeline stands at 4,814 projects/581,953 rooms, down 8% by projects and 10% by rooms year-over-year (YOY). While project totals have dipped slightly YOY, the number of projects in the early planning stage continues to rise. In the final quarter of 2021, projects in the early planning stage experienced an 18% increase by projects and 11% by rooms YOY, for a total of 2,021 projects/239,816 rooms. Projects scheduled to start construction in the next 12 months stand at 1,821 projects/210,...