Hotel construction pipeline highest since 2000

01/24/2006 | HotelBusiness.com

The number of projects in the hotel construction pipeline is up to 3,067, with 553 new projects added in the fourth quarter of 2005. The figure, representing 415,977 rooms, is the highest total since 2000, and the pipeline is dominated by smaller projects in secondary and tertiary markets and outer suburbs of large cities, according to Lodging Econometrics.

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