• US pipeline down 11.1%

The total active US hotel development pipeline fell by 11.1% on the year in February, according to STR/McGraw Hill Construction Dodge Pipeline Report.

The total pipeline comprised 3,118 projects totaling 327,693 rooms. Among the US regions, New England experienced the largest decrease in rooms in the total active pipeline, falling 35.1% with 9,281 rooms.

See the full release here:
http://www.str.com/

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