5 things to know about the us pipeline
TRANSCRIPT
What U.S. market has the largest existing room
supply? Las Vegas (168,135 rooms)
What hotel brand has the most
properties under contract in the U.S.
pipeline?
The U.S. hotel industry is seeing supply growth pick up, with the most significant spike expected to come in summer 2016,
according Julie Gafney, VP of the database operations center for STR, parent company of Hotel News Now.
June 2015 marked the first month in history in which the U.S. hotel industry eclipsed 5 million
available rooms.
1a v a i l a b l e r o o m s
Hotel projects in construction as of June totaled nearly 130,000 rooms, a 20.9% change
year over year.
2R O O M S
Nearly 95% of hotels in construction have less than 300 rooms.
3r o o m s
have the most rooms in construction. 13% of NYC's existing supply is under construction (9% for
Houston and 7% for Miami).
4
of all rooms in construction were from the upscale (36%) and upper-midscale
(30%) segments as of June.
5
NEW YORK CITY, HOUSTON AND MIAMI
PIPELINE TRIVIAPIPELINE TRIVIA
66%
The JW Marriott Austin (1,012 rooms) is
the largest hotel opened so far this year.
New York City(14,630 rooms)
What U.S. market has the largest
under-construction pipeline?
© 2015 STR, Inc. All Rights Reserved. illustrations: jon edwards
What is the largest hotel to
open year-to-date through June?
Holiday Inn Express (30,558 rooms)
U.S. PIPELINE