US hotel construction remains 25% below pre-pandemic levels despite growing pipeline, as high costs and tight financing slow new builds. Only 73k rooms opened in Sept 2024, down from 127k in June 2021. #HospitalityNews #HotelDevelopment https://buff.ly/HOLNsxO
Big Plans, Slow Builds: Hotel Construction Drags Behind Booming Pipeline

Growth in U.S. hotel room supply has rebounded from its Covid crash, but it remains well below pre-pandemic levels.

Skift

New hotel project: 25hours Hotel Heart of Khobar, Al Khobar, Saudi Arabia 🌟
Agreement between Tilal Real Estate and Ennismore Hotels for a new hotel in the Heart of Khobar urban development.

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New hotel project: 25hours Hotel Heart of Khobar, Al Khobar, Saudi Arabia

Agreement between Tilal Real Estate and Ennismore Hotels for a new hotel in the Heart of Khobar urban development.

Amusement Logic