Dallas Has Third Largest Construction Pipeline in the Country

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. December 06, 2016

DALLAS, TX. December 6, 2016 - Lodging Econometrics (LE) reports that according to its most recent Construction Pipeline Trend Report, Dallas has the third largest pipeline in the country. With 131 Projects/15,819 Rooms in the Total Pipeline, it increased by 25 projects or 24% Year-Over-Year (YOY). There are 51 Projects/6,283 Rooms Under Construction up 22 Projects, or 76% YOY. Those Scheduled to Start Construction in the Next 12 Months are at 57 Projects/7,281 Rooms adding 13 Projects, an increase of 30% YOY. Projects in Early Planning are at 23 Projects/2,255 Rooms, down 10 projects YOY as older projects migrate up the pipeline towards construction.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry's leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients' business goals into timely opportunities.

Contact:
Emily Dennison
edennison@lodgingeconometrics.com
603.427.9544