The City of Angels continues to be the City of Hotels. Los Angeles is expected to add 14 hotels with nearly 3,100 rooms in the second half of 2020, and a total of 50 hotels with 10,436 rooms in the next four years, according to the TopHotelProjects construction database. Of those 50 hotels, 33 will be in the four-star category, and 17 will be in the five-star designation.
For the fourth consecutive quarter, Los Angeles was the top hotel construction market, with 163 projects and 27,415 rooms in its pipeline in the second quarter of 2020, according to Portsmouth, N.H.-based Lodging Econometrics.
Trailing L.A. was Dallas, with 158 projects and 19,314 rooms in its pipeline; New York City, with 151 projects and 26,302 rooms; Atlanta, with 135 projects and 18,634 rooms; and Houston, with 122 projects and 12,486 rooms.
These five markets accounted for 15% of the rooms in the U.S. hotel pipeline. The country’s total hotel construction pipeline stood at 5,582 projects and 687,801 rooms in the second quarter, down only 1% from the same period a year ago. “Contrary to what is being experienced in hotel operations, the pipeline remains robust as interest rates are at all-time lows,” states Lodging Econometrics.
New York had the greatest number of projects under construction in the second quarter: 106 with 18,354 rooms. L.A. was next, with 48 projects and 8,077 rooms being built., followed by Atlanta, Dallas, and Nashville (37 projects and 6,597 rooms). These five markets accounted for nearly one-fifth of the rooms under construction in the U.S.
All told, 1,771 projects with 235,467 rooms were under construction nationwide, up 3% and 1%, respectively, from the second quarter in 2019.
During the first half of this year, the U.S. opened 313 hew hotels with 36,992 rooms, and added 481 projects with 56,823 rooms to its pipeline. However, new project announcements in the second quarter fell by 53% compared to the same period last year.
OPPORTUNE FINANCING MAKES HOTEL RENOS AND CONVERSIONS MORE VIABLE
Lodging Econometrics also recorded 1,276 active renovation and conversion projects with an aggregate 217,865 rooms across the country. Chicago lead the way with 28 projects and 4,717 rooms, followed by Los Angeles, New York, Washington D.C., and Atlanta.
Nationwide, there were 1,465 active renovation projects with 314,043 rooms, and 1,196 active conversion projects with 136,110 rooms in the first half of this year.
Despite the impact COVID-19 has had on operating performance, development in the lodging industry continues. In the first half of 2020, Dallas recorded the highest count of new projects announced into the pipeline with 18 projects and 2,018 rooms. Washington D.C. followed with 14 projects and 1,978 rooms, then Phoenix with 13 projects and 1,397 rooms, Miami with 10 projects and 2,472 rooms, and the Florida Panhandle with nine projects and 1,178 rooms.
Related Stories
| Aug 11, 2010
Colorado hospital wins LEED Gold
The main building of the Medical Center of the Rockies in Loveland, Colo., is a 136-bed regional medical center offering a full spectrum of services, with specialties in cardiac and trauma care. Constructed primarily of brick, native sandstone, and 85,000 sf of metal panels manufactured by Centria, the 600,000-sf main building, by Denver-based HLM Design, is one of the few hospitals in the nati...
| Aug 11, 2010
Design ups comfort, care in cancer center
A new cancer center is slated to open in fall 2011 at Banner Gateway Medical Center, Gilbert, Ariz. The three-story, 120,000-sf, $107 million cancer center will contain physician clinics, medical imaging, radiation oncology, infusion therapy, and support services. A/E firm Cannon Design has created a visually open, column-free interior to increase patient comfort and care.
| Aug 11, 2010
Charlotte hospital expands its surgery capabilities
The Chicago office of RTKL designed Carolinas HealthCare System's Mercy Medical Plaza, Charlotte, N.C. The 150,000-sf hospital houses 12 operating rooms with expanded pre-operative and recovery space, a pharmacy, and a central sterile processing unit. Tenant space occupies 75,000 sf. RTKL mimicked the materials and mass of older buildings on the campus but created a more modern look by using ex...
| Aug 11, 2010
And the world's tallest building is…
At more than 2,600 feet high, the Burj Dubai (right) can still lay claim to the title of world's tallest building—although like all other super-tall buildings, its exact height will have to be recalculated now that the Council on Tall Buildings and Urban Habitat (CTBUH) announced a change to its height criteria.
| Aug 11, 2010
Spa resort in harmony with mountain setting
The Sparkling Hill Resort and Wellness Hotel in Vernon, B.C., looks as if it was chiseled out of bedrock and jutting from the mountainside. Designed by the Victoria, B.C., office of Cannon Design, the 240,000-sf resort has 152 guest rooms with floor-to-ceiling windows and spa-like bathrooms, as well as a signature 20,000-sf whole-body wellness spa with treatment rooms designed to feel like they...
| Aug 11, 2010
Triangular tower targets travelers
Chicago-based Goettsch Partners is designing a new mixed-use high-rise for the Chinese city of Dalian, located on the Yellow Sea coast. Developed by Hong Kong-based China Resources Land Limited, the tower will have almost 1.1 million sf, which includes a 377-room Grand Hyatt hotel, 84 apartments, three restaurants, banquet space, and a spa and fitness center.
| Aug 11, 2010
Expanding retail complex is LEED pre-certified
The Promenade at Coconut Creek in Broward County, Fla., a live-work-play shopping and lifestyle center, is being expanded by 105,000 sf. When phase II of the 335,000-sf project is complete, the facility will house 75 retailers, restaurants, and related services, making it one of the largest mixed-use projects in northern Broward County.
| Aug 11, 2010
CityCenter projects get LEED Gold
MGM Mirage and Infinity World Development have received LEED Gold certification for the first three CityCenter projects: the ARIA Resort hotel tower, ARIA Resort convention center and theater, and the Vdara Hotel (above). The CityCenter developers anticipate Gold or Silver LEED certification for the project's remaining developments, which include a Mandarin Oriental hotel, a 500,000-sf retail a...
| Aug 11, 2010
Philadelphia cancer center seeks LEED certification
The New York office of Thornton Tomasetti provided structural engineering services for the Ruth and Raymond Perelman Center for Advanced Medicine in Philadelphia, a $232 million medical research center and advanced treatment center for cancer and cardiovascular disease. Designed by a joint venture of Perkins Eastman Architects and Rafael Vinõly Architects, the 340,000-sf facility will hous...
| Aug 11, 2010
High-level NICU opens in Washington, D.C.
Design to the highest distinction available by the American Academy of Pediatrics, the new Level IIIC neonatal intensive care unit (NICU) at Children's National Medical Center in Washington D.C., is equipped to care for the sickest premature babies, including those that require open-heart surgery. The 54-bed facility, designed by Karlsberger with KLMK Group as space planner, is four times large...
