Hotel construction in U.S. is outpacing the rest of the world

The United States continues to lead all countries with the largest hotel construction pipelines, according to the latest estimates by Portsmouth, N.H.-based Lodging Econometrics, a global real estate consulting firm.

Through the end of the first quarter of 2016, the U.S. had 4,471 projects under construction with an aggregate 551,965 rooms. Those numbers represent 40% of the projects and 29% of its rooms in the global pipeline, which in total is up 5% year-over-year by projects, and 6% by rooms.