New hotel construction in Denver still burgeoning

DENVER BUSINESS JOURNAL - New hotel construction in Denver remains very strong, with only two other U.S. markets having higher percentages of new building compared with last year.

In Denver, there are 62.4 percent more new hotel rooms under construction compared with last year. U.S. leaders were Nashville, Tennessee (up 168.4 percent) and Seattle (up 94.7 percent).

That's according to hotel research company STR, which reported that 4,672 new hotel rooms are under construction in Denver, which will add to the city's existing supply of 45,427 rooms.

New York City has the most hotel rooms currently under construction, with 15,911, according to the latest STR report.

Read more at the Denver Business Journal: http://bit.ly/2ob0fID

Copyright 2017 Denver Business Journal


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