L.A.’s Hotel Pipeline Leads Nation

JP Ford is the chairman, CEO and founder of Lodging Economics.

LOS ANGELES—Los Angeles has more hotel rooms in the early planning stage of the development pipeline than any other major metro in the US, according to a recent Construction Pipeline Trend Report from Lodging Econometrics. The city has 18,229 rooms under construction, or a total of 108 projects. In early planning alone, the city has 6,382 Rooms/37 Projects, which is higher than any other US market.

“Los Angeles is a large market and a major gateway center with extremely diverse economic demand generators, and when you put all of that together, you are going to see new hotel construction and you are going to see higher rates,” JP Ford, chairman, CEO and founder of Lodging Econometrics, tells GlobeSt.com about the strong hotel development pipeline in Los Angeles. Ford adds that the robust demand and ample capital in the market has also helped to fuel hotel development in Los Angeles.