For the first time, Lodging Econometrics (LE) has compiled and announced its forecast for New Hotel Openings for 2011. New hotel openings are projected at 759 hotels/74,493 rooms. LE has also adjusted its forecasts for 2009 and 2010. The 2009 forecast has been reduced to 1,425 new hotels/156,653 rooms, down by 5,036 rooms, a decrease of 3%. The 2010 forecast has been adjusted to 1,073 projects/124,439 rooms, down 21,277 rooms or 15%.
via 2011 U.S. Pipeline Forecast From LE – 7/27/2009 2:20:00 PM – Hotels.
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Tuesday, July 28th, 2009, 15:12 | 
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