Dallas Leads the U.S. Hotel Construction Pipeline
Skift Take
Dallas leads the U.S. hotel construction pipeline, followed by Atlanta, Nashville, Phoenix, and the Inland Empire, with significant activity in planned projects, early planning, renovations, and new hotel openings nationwide.
The DJIA was up 408 points while Nasdaq rose 44, the S&P 500 was up 32 points, and the 10-year treasury yield was up .04 to 4.64%. Lodging stocks were mixed. IHG traded up to a new high.
The latest United States Construction Pipeline Trend Report from Lodging Econometrics revealed Dallas is leading the nation’s hotel construction pipeline with 204 projects totaling 23,669 rooms. Atlanta follows with 168 projects/19,431 rooms, then Nashville with 130 projects/17,029 rooms, Phoenix with 130 projects/16,824 rooms, and the Inland Empire with 122 projects/12,234 rooms. In the under-construction stage of the pipeline, New York City leads with 36 projects/5,928 rooms, followed by Phoenix with 31 projects/4,788 rooms, Dallas with 31 projects/3,467 rooms, Atlanta with 27 projects/3,211 rooms, and the Inland Empire with 19 projects/1,962 rooms. Dallas continues to dominate planned construction starts within the
