US hotel supply development update
 
US hotel supply development update
12 FEBRUARY 2019 8:54 AM

The U.S. hotel industry reported a 4.5% year-over-year increase in the number of hotel rooms in construction (195,580), according to STR's January pipeline report. New York City reported 13,986 rooms in construction, which is equivalent to 11.4% of its existing supply.

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