This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. STR takes the privacy of your information seriously.
To understand how and why STR uses, manages and protects personal information, please Click Here to review our updated privacy policy.  Close

Latest News

Powered by Hotel News Now

5 things to know: 14 November 2018

From the desks of the Hotel News Now editorial staff:

  • PwC anticipates slight uptick in 2019 supply growth
  • Hotel websites among those failing ADA compliance
  • Europe investors bullish on hotel asset class
  • San Diego hotel workers end 35-day strike, reach new contract
  • Braemar agrees to buy Ritz-Carlton Lake Tahoe for $103.4m

STR: US hotel supply development update

In October 2018, New York City reported 14,295 hotel rooms in construction, which accounts for 11.7% of its existing supply. Overall, the U.S. reported 194,591 rooms in construction, a 6.2% year-over-year increase.