The total active U.S. hotel development pipeline comprises 2,736 projects totaling 293,143 rooms, according to the January 2012 STR/McGraw Hill Construction Dodge Pipeline Report released this week.
This represents a 1.6-percent decrease in the number of rooms in the total active pipeline compared to January 2011. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.
The U.S. hotel industry reported an increase in rooms under construction (+3.4 percent with 52,425 rooms), compared with January 2011.
Among the Chain Scale segments, the Upper Upscale segment reported the largest increase in rooms in the total active pipeline, rising 34.1 percent to 19,786 rooms, followed by the Economy segment (+29.7 percent to 4,507 rooms) and the Upscale segment (+12.6 percent to 74,267 rooms). The Unaffiliated segment reported the most rooms in the total active pipeline with 83,297 rooms.
Three segments ended the month with increases in the number of rooms under construction: the Luxury segment (+45.2 percent with 819 rooms); the Upscale segment (+40.9 percent with 16,594 rooms); and the Upper Upscale segment (+15.5 percent with 7,622 rooms).
| Chain Scale | Existing Supply | % Change | In Construction | % Change | Total Active Pipeline | % Change |
| Luxury | 122,555 | -0.8% | 819 | +45.2% | 4,034 | +4.5% |
| Upper Upscale | 550,652 | +0.4% | 7,622 | +15.5% | 19,786 | +34.1% |
| Upscale | 572,846 | +1.2% | 16,594 | +40.9% | 74,267 | +12.6% |
| Upper Midscale | 824,530 | +7.3% | 15,829 | -11.0% | 81,625 | -2.3% |
| Midscale | 507,931 | -9.1% | 3,387 | -33.3% | 25,527 | -4.6% |
| Economy | 787,564 | +0.1% | 874 | -13.2% | 4,507 | +29.7% |
| Unaffiliated | 1,500,470 | +0.3% | 7,300 | -7.3% | 83,397 | -16.1% |
| Total | 4,866,548 | 0.4% | 52,425 | 3.4% | 293,143 | -1.6% |
Source: STR
