US active hotel development pipeline falls

14th September 2011 (Last Updated September 14th, 2011 18:30)

The US active hotel development pipeline for August 2011 registered a 12.4% decrease compared with August 2010, totalling 2,951 projects with 315,668 rooms, according to the STR/McGraw Hill Construction Dodge Pipeline report. Despite the overall fall, the Pacific, East South Central an

The US active hotel development pipeline for August 2011 registered a 12.4% decrease compared with August 2010, totalling 2,951 projects with 315,668 rooms, according to the STR/McGraw Hill Construction Dodge Pipeline report.

Despite the overall fall, the Pacific, East South Central and West North Central regions recorded rises of over 30% in rooms under construction, with increases of 38.9%, 32.2% and 31.5%, respectively.

In the under construction phase, the Mountain region fell by 45.7% to 3,158 rooms, followed by the West South Central region with a 43.8% drop to 7,812 rooms.

The largest decrease in rooms in the total active pipeline was registered by the Pacific region with a 20.3% drop to 35,240 rooms, followed by the East North Central region with a fall of 14.6% to 24,517 rooms and the East South Central region, which decreased by 13.6% to 20,177 rooms.

The total active pipeline data includes projects in the under construction, final planning and planning stages, but does not include projects in the pre-planning stage.