This audio is automatically generated. Do us know if you have comments.
Brief of diving:
- The volume of us Hotel rooms under construction decreased Year after year for a sixth consecutive month in June, according to the new cost of cost.
- From last month, there were 138,922 American hotel rooms under construction, a minimum of 20 quarters, according to Isaac Collazo, principal director of Analytics of the cost of costing Str. The volume of rooms under construction decreased by 11.9% year -on -year in June, to cost.
- Continuous descent is not surprising, as hotel demand tends to leave, relentless economic uncertainty and increase in construction costs, “said Collazo. Most of the rooms under construction are in luxury and luxury segments, which are previously planned. Check the highest growth of reviving This year, driven by the change in travelers’ behavior.
Divide vision:
The volume of hotel rooms under construction has declined every month since January, coinciding with the second term of President Donald Trump. In these months, United States Government Actions have caused economic uncertainty and rates have it negatively affected construction pipes.
The volume of Hotel rooms in the United States in final planning (266,276 rooms) also decreased year after year in June, although only 0.1%, as it is cost. In the meantime, the number of Hotel rooms in the United States in the planning phase (349,802 rooms) increased by 4.8% year.
Most United States hotel construction pipeline rooms are in these two phases of planning, but “they will probably not be built in the near future,” said Collazo.
Of the currently under construction rooms, most are in luxury and luxury segments, according to Collazo, who also said that more than half of all developing rooms are in the south, largely outside the 25 best markets.
The upper level hotel segments were a brilliant place for the industry last year, promoting performance as High -income households prioritized travel.
This trend has continued, with homes with highly expected high income They make up almost half of the travelers this summerDeloitte reported in May. In front of this year’s Day Memorial Weekend, travel prospects appeared mainly stable despite An immersion in consumer confidence and Cushion of international visit.
Last month, however, cost of cost and tourism reduced its 2025 and 2026 growth projections For first -line performance metrics in the United States, citing high macroeconomic concerns.
