STR's U.S. hotel supply development update
The U.S. room construction total represented a 2.2% 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%)
- March (-2.4%)
- February (-0.7%)
- January (-1.6%)
- December (-3.7%)
- November (+0.6%)
- October (-0.1%)
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%).
Nick Minerd
Public Relations Coordinator
+1 (615) 824 8664 ext. 3305
STR