Dallas hotel building boom second in nation
DALLAS – The metro has a total of 156 hotel projects with 18,908 rooms in the construction pipeline, according to a new report by Lodging Econometrics.
Only New York City has more new hotels in the works (169 projects).
Dallas currently has 47 new hotels with 6,350 rooms under construction. Another 73 hotels with 8,606 rooms are scheduled to start in the next 12 months.
"If all of the projects in the pipeline eventually come to fruition, this will increase the city’s guest room supply by 21.3 percent," Lodging Economics said in the report. "Dallas should continue its fast-paced growth."
Most of the current construction in the metro is in Denton, Lewisville, McKinney, Plano, and Frisco.
Houston ranked fourth on the list with 40 projects in the pipeline.
Nashville, Tenn., (43 projects) and Atlanta (28) were also on the list.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.