The total active U.S. hotel development pipeline comprises 2,716 projects totaling 290,989 rooms, according to the February 2012 STR/McGraw Hill Construction Dodge Pipeline Report. This represents a 5.6-percent decrease in the number of rooms in the total active pipeline compared to February 2011. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.“We continue to see new construction in many of the largest U.S. hotel markets,” said Duane Vinson, VP of database content and integrity at STR. “New York, Orlando, the Washington D.C., metro area, Chicago and Nashville round out the top five in rooms in the In Construction phase. Even though it is a relatively small market (with only 36,000 existing rooms), Nashville is near the top of the list with more than 1,300 rooms in the final phase of development. Las Vegas is notably quiet with a mere 126 rooms.”
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