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STR reports US hotel pipeline for September

October 19, 2013 Statistics & Trends No Comments Email Email

The total active U.S. hotel development pipeline comprises 2,767 projects totaling 333,775 rooms, according to the September 2013 STR Pipeline Report. This represents a 15.6-percent increase in the number of rooms in the total active pipeline compared with September 2012 and a 29.5-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 Chain Scale segments, the Upper Upscale segment reported the largest increase in rooms in the total active pipeline, rising 45.5 percent with 22,689 rooms. Two other segments achieved double-digit increases in rooms in the total active pipeline: the Unaffiliated segment (+31.2 percent with 100,561 rooms) and the Upscale segment (+16.0 percent with 87,867 rooms). The Luxury segment reported the largest decrease in rooms in the active pipeline, falling 18.4 percent with 6,848 rooms.

Three segments reported increases in rooms under construction of 25 percent or more: the Upscale segment (+51.8 percent with 30,580 rooms); the Midscale segment (+35.2 percent with 3,863 rooms); and the Upper Midscale segment (+25.0 percent with 23,689 rooms). The Economy segment (-8.0 percent with 1,169 rooms) and the Upper Upscale segment (-1.9 percent with 7,417 rooms) were the only segments to report decreases in rooms under construction.

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

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