February U.S. Hotel Pipeline Drops by 36 Percent

The total active U.S. hotel development pipeline in February included 35.9 percent fewer rooms than in last year's report, according to the STR/TWR/Dodge Construction Pipeline Report for February 2010. There were 3,551 projects, or 368,740 rooms, in the pipeline for February. The steepest drop was seen in the Mountain Region, due to a 16,000-room reduction in the Las Vegas pipeline.