• US pipeline down 20.7%

The total active US hotel development pipeline was down 20.7% on the year, according to the November STR/McGraw Hill Construction Dodge Pipeline Report.

"The South Atlantic region reported the most rooms under construction," said Lana Yoshii, VP of content management at STR. "However, the Middle Atlantic region is expecting the highest supply percentage growth (2.3%) from projects under construction."

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

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