The total value of lodging construction put in place in the United States has fluctuated significantly between 2008 and 2022. In 2008, the value of hotel construction peaked at 35.8 billion U.S. dollars, only to fall down to 9 billion U.S. dollars a couple of years later. In 2021 and 2022, the construction of hotels and other resorts was lower than before the start the COVID-19 pandemic.
Value of lodging construction put in place in the United States from 2008 to 2022
(in billion U.S. dollars)
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US Census Bureau. (March 1, 2023). Value of lodging construction put in place in the United States from 2008 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/245034/value-of-us-lodging-construction/
US Census Bureau. "Value of lodging construction put in place in the United States from 2008 to 2022 (in billion U.S. dollars)." Chart. March 1, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/245034/value-of-us-lodging-construction/
US Census Bureau. (2023). Value of lodging construction put in place in the United States from 2008 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/245034/value-of-us-lodging-construction/
US Census Bureau. "Value of Lodging Construction Put in Place in The United States from 2008 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/statistics/245034/value-of-us-lodging-construction/
US Census Bureau, Value of lodging construction put in place in the United States from 2008 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/245034/value-of-us-lodging-construction/ (last visited December 23, 2024)
Value of lodging construction put in place in the United States from 2008 to 2022 (in billion U.S. dollars) [Graph], US Census Bureau, March 1, 2023. [Online]. Available: https://www.statista.com/statistics/245034/value-of-us-lodging-construction/