STR’s U.S. hotel supply development update
The U.S. room construction total represented a 2.2 percent decrease compared with April 2017. The number of hotel rooms under construction in the U.S. has now declined in six of the last seven months.
April (-2.2 percent)
March (-2.4 percent)
February (-0.7 percent)
January (-1.6 percent)
December (-3.7 percent)
November (+0.6 percent)
October (-0.1 percent)
At the time, the decrease in December was the largest year-over-year room construction decrease in the U.S. since September 2011 (-7.8 percent).
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