New York City is well ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021, according to STR.
As of July 1, 2021, New York City showed almost 22,000 rooms in construction. Only four other markets have more than 5,000 rooms in that final phase of the pipeline.
New York (21,878 rooms)
Los Angeles (6,595 rooms)
Atlanta (6,398 rooms)
Las Vegas (5,031 rooms)
Dallas (5,028 rooms)
Of those almost 22,000 rooms under construction, more than 8,500 are scheduled to come online over the remainder of this year. That would put the market at more than 11,400 room openings overall in 2021. The next closest market for remaining 2021 openings is once again Los Angeles.
New York City (8,570 rooms)
Los Angeles (2,902 rooms)
Austin (2,437 rooms)
Atlanta (2,337 rooms)
“New York City is positioned for a post-COVID supply
