The U.S. Construction Pipeline kicked off the first quarter of 2018 with 5,255 Projects/636,174 Rooms, up 4% by projects and 6% by rooms Year-Over-Year (YOY), according to analysts at Lodging Econometrics (LE). In comparison to the highest Pipeline level recorded by LE, the current quarter is just 628 Projects/149,373 Rooms, or 11% beneath the peak which occurred in Q208. We expect the Pipeline to continue its modest growth through 2018.
There are 1,592 Projects/205,449 Rooms Under Construction, up 5% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months, at 2,297 Projects/272,459 Rooms are down 5% by projects YOY and projects in Early Planning are at 1,366 Projects/158,366 Rooms, up 23% YOY.
Related Stories
| Nov 22, 2011
Corporate America adopting revolutionary technology
The survey also found that by 2015, the standard of square feet allocated per employee is expected to drop from 200 to estimates ranging from 50 to 100 square feet per person dependent upon the industry sector.
| Nov 22, 2011
Saskatchewan's $1.24 billion carbon-capture project
The government of Saskatchewan has approved construction of the Boundary Dam Integrated Carbon Capture and Storage Demonstration Project.
| Nov 22, 2011
New Green Matters Conference examines emerging issues in concrete and sustainability
High-interest topics will be covered in technical seminars, including infrared reflective coatings for heat island mitigation, innovative uses of concrete to provide cooling and stormwater management, environmental benefits of polished concrete, and advancements in functional resilience of architectural concrete.
| Nov 22, 2011
Suffolk Construction selected as contractor for Boston luxury residential tower
Project team breaks ground on 488,000-sf building that will feature world-class amenities.
| Nov 21, 2011
Mortenson and enXco partnership to build its 19th wind project
The 8,500 acres project will generate140 megawatts of wind power – enough energy to power approximately 39,000 homes.
| Nov 21, 2011
FDH Engineering acquires Energy Solutions
All ESI employees have been merged into FDH’s staff at its St. Louis office.
| Nov 18, 2011
Centre for Interactive Research on Sustainability opens
Designed to exceed LEED Platinum, the Centre for Interactive Research on Sustainability (CIRS) is one of the most innovative and high performance buildings in North America today, demonstrating leading-edge green building design products, technologies, and systems.
| Nov 17, 2011
SmithGroup changes name to SmithGroupJJR
SmithGroup and JJR join brands to become a single, multi-disciplinary company.
