New York City has the largest pipeline of rooms under construction among the top 25 hotel markets tracked by CoStar's hospitality analytics firm, STR. The region has 8,753 rooms underway across 54 properties, or roughly 7% of the existing room supply. This number contrasts with the 1,063 rooms in final planning, dropping New York City to 22nd place in that metric.
A Closer Look at the Three Largest Hotels Underway in New York City
Big Gap Between Rooms Under Construction and Those in Final Planning
CoStar Analytics
July 16, 2024 | 7:18 P.M.
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IN THIS ARTICLE
- Properties
- voco Times Square New York
711 7th Ave, New York, NY
- Kimpton Rockefeller Center
32 48th St, New York, NY
- The Torch
740 8th Ave, New York, NY