(Note: The availability of financing, issuance of building permits, owner commitment and many other factors can alter anticipated completion dates, number of rooms to be constructed or project viability. The number of projects and number of rooms in the construction pipeline are subject to change. Projects in early development stages are less likely to be completed than projects in later stages.)
- Existing Supply: All properties opened and operating, including those opened in the last 12 months.
- Recently Opened (Pipeline): Opened within the last 12 months.
- In Construction: Vertical construction on the physical building has begun. This does not include construction on any subgrade structures including, but not limited to, parking garages, underground supports/footers or any other type of sub-grade construction.
- Final Planning: Confirmed, Under Contract projects where construction will begin within the next 12 months.
- Planning: Confirmed, Under Contract projects where construction will begin in more than 13 months.
- Unconfirmed: Potential projects that remain Unconfirmed at this time. STR is unable to verify the existence of these projects through a corporate chain feed or other verifiable source.