U.S. hotel construction slides in February

03/19/2010 | Real Estate Channel (Orlando, Fla.)

The U.S. hotel development pipeline volume decreased 35.9% in February, compared to the same month in 2009, according to the STR/TWR/Dodge Construction Pipeline Report. Declines in hotel room development were seen across all regions, with the Mountain Region posting the steepest year-over-year decline because of a 75% decline in the Las Vegas pipeline.

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Real Estate Channel (Orlando, Fla.)

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