Last May, MiTek, a construction software and building services company that’s part of Warren Buffett’s Berkshire Hathaway conglomerate, formed a partnership with Danny Forster & Architecture to ...
Developers still want to build, but high borrowing costs, labor constraints, and political headwinds have put much of the hotel pipeline on ice. The U.S. hotel construction pipeline is bloated with ...
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US hotel construction hits five-year low
The number of hotel rooms under construction in the United States fell for the sixth straight month in June 2025, reaching its lowest point in five years, according to CoStar’s latest data. The total ...
In the most recent Construction Pipeline Trend Report for the United States (U.S.) from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 ...
Phoenix is one of the top markets in the United States for new hotel construction, according to a report released this week by Lodging Econometrics, a company that tracks hotel and lodging industry ...
The volume of hotel rooms currently being built in the United States hit its highest level in 16 months, according to CoStar’s latest June 2024 data. While globally, the real estate information and ...
Travelers are booking hotel rooms again. After a brutal slowdown during the depths of the pandemic, U.S., hotels have recovered and occupancy rates are almost as high as they were in 2019 with average ...
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