by Michael J. Shapiro | September 16, 2009

The active U.S. hotel development pipeline has decreased to 4,384 projects representing 475,521 rooms, according to the August 2009 STR/TWR/Dodge Construction Pipeline Report. That number is a 2.5 percent decrease from the number of rooms under development in July 2009, and a 27.9 percent drop compared with last year. The steepest year-over-year drop occurred in the East South Central region, with a 56.6 percent decrease.