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STR reports US hotel pipeline for August 2013

September 17, 2013 Statistics & Trends No Comments Email Email

The total active U.S. hotel development pipeline comprises 2,744 projects totaling 329,667 rooms, according to the August 2013 STR Pipeline Report.

This represents an 8.2-percent increase in the number of rooms in the total active pipeline compared with August 2012 and a 19.2-percent increase in rooms under construction. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the U.S. regions, the mountain region reported the largest increase in rooms in the total active pipeline, rising 41.8 percent over August 2012 with 36,322 rooms. Three other regions reported double-digit increases in the number of rooms in the total active pipeline: New England (+24.1 percent with 11,576 rooms); the Pacific (+13.4 percent with 39,424 rooms); and West North Central (+10.7 percent with 17,435 rooms). None of the regions reported a decrease in rooms in the total active pipeline.

The Pacific region reported 88.7-percent growth in rooms under construction over the last year with 8,795 rooms, followed by the West South Central region (+27.2 percent with 13,155 rooms) and the West North Central region (+23.3 percent with 4,624 rooms). The New England region (-11.1 percent with 894 rooms) and the East North Central region (-3.5 percent with 6,732 rooms) reported the only decreases in rooms under construction.

To see complete media release with table, open the attached Word document.

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