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Los Angeles is seeing a surge of hotel construction. The market has more hotel projects in the construction pipeline than any other market in the US. The market’s strong economy, job growth, international travel and corporate expansion are helping to drive the activity. In addition, the market is relatively undersupplied for hotel rooms. As a result, the market is leading the nation in hotel construction.

“There is not just one factor that is influencing the strong hospitality construction pipeline in LA. From strong local job growth, significant corporate expansion/relocation, yield hungry international investors, specifically in Europe, China and Japan, to lenders easing underwriting standards have all fueled the robust hotel development pipeline in Los Angeles,” Malcolm Davies, principal and managing director at George Smith Partners, tells GlobeSt.com. “During the 2007-08 recession, development came to a screeching halt and it’s taken the last 10-12 years for hotel development to catch up.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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