Numbers of hotel rooms built drops in 2021 but rebounding in 2022

After hotel construction slowed down the past two years, signs point to a resurgence.

  • By Louis Llovio
  • | 5:49 p.m. January 28, 2022
  • | 0 Free Articles Remaining!
FILE: Pendry Hotels & Resorts is one of several new hotels planned for the Gulf Coast. The hotel will be on the city's waterfront and have 220 rooms.
FILE: Pendry Hotels & Resorts is one of several new hotels planned for the Gulf Coast. The hotel will be on the city's waterfront and have 220 rooms.
  • Commercial Real Estate
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When COVID-19 first appeared, and for many months after that, there was a fear among those in hospitality that global tourism would be crushed and it would take years to recover. Airlines would shut down. Airports would empty. Amusement parks would shutter. Rental cars would gather dust.

And that hotels would bear an unfair brunt of the pandemic.

 

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