Focus on Hotel Construction Costs 2018

On a national basis, the current cycle of hotel development appears to have moved well beyond the peak of 2016. The number of hotel rooms under construction, as of January 2018, is 1.6% lower than the year prior. While new […]

Focus on Hotel Construction Costs 2017

Last year, 2016, marked a year of transition for the overall U.S. hotel market, as the major performance indicators of occupancy and rate growth moderated, and new hotel development accelerated. The hotel pipeline remains robust as new hotels are constructed […]