Feb 5, 2016
Dallas 2015: lots of gold mints on new hotels’ pillows
DALLAS - Dallas had the most new hotel projects in the country in 2015, and the area is on track to be a top hotel building market again in 2016, according...
DALLAS - Dallas had the most new hotel projects in the country in 2015, and the area is on track to be a top hotel building market again in 2016, according to analysts at Lodging Econometrics.
Last year 44 new hotel projects opened their doors in North Texas, according to the hotel industry consultant. Los Angeles was second with 28 new hotels in 2015.Currently New York is the top U.S. hotel building market with 204 projects, followed by Houston with 167, Dallas with 121, Los Angeles with 96, and Washington DC with 87.
2015 was the best year for hotel building since 2008. There were 4,413 new projects with 546,135 rooms during the year, Lodging Econometrics found.
Another 1,926 U.S. hotel projects are set to start in 2016.
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