Hotel Openings Ramping Up
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The Four Seasons New York Downtown is one of more than 100 hotels now rising in New York City.
PORTSMOUTH, NH—New hotel openings in the US will accelerate over the next two years, Lodging Econometrics said Wednesday. It’s the latest in a series of recent reports from the Portsmouth, NH-based consulting firm that illustrate the construction surge in the sector.
A total of 742 new hotels will have opened by the time New Year’s Eve rolls around, according to LE. Based on current pipeline levels, these projects will be joined by 845 more in 2016 and 998 in 2017…
