U.S. hotel construction costs by select city 2018
Average construction costs of hotels in the United States in 2018, by select city (in U.S. dollar per square foot)
The city with the highest costs for the construction of a hotel in the United States is Chicago, Illinois, where the average construction cost for a 5-star hotel reached 520 U.S. dollars per square foot. A 3 star hotel in Portland, Oregon, on the other hand, cost an average of 195 U.S. dollars per square foot. The hotel pipeline in the U.S. has experienced a steady growth in comparison to other regions of the world. Luxury and upper-scale hotel projects are at record levels.
Construction costs of hotels
In the construction of a hotel, there are a variety of factors to consider such as room amenities, additional on-site services, and interiors. Labor and construction materials must also be considered and these variables can create a wide range in construction costs. Generally, the cost includes the foundation, roof, windows, exterior and interior walls, bathrooms, and heating and cooling systems, among other factors. Hotel projects tend to use higher quality techniques and materials to minimize the need for repair or replacements.
Average construction costs of hotels in the United States in 2018, by select city (in U.S. dollar per square foot)
Source
More information
Other statistics on the topic
Costs of U.S. commercial building construction
Statistics on "Construction cost of U.S. commercial buildings"
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- U.S. hotel room construction by developers 2018
- Average cost per square meter of warehouse construction in European cities 2018
- Average cost per square meter for building retail spaces in the UK 2016-2018
- Average cost per square meter for building offices by region of the UK 2016-2018
- Average cost per square meter of building hotels by region of the UK 2016-2018
- Revenue of star-rated hotels in China 2016, by star category
- Average cost per square meter of industrial building construction in the UK 2016-2018
- U.S. educational building construction costs by select city 2018
- U.S. parking construction costs by select city 2017
- U.S. industrial warehouse construction costs by select U.S. city 2018
- U.S. general hospital construction costs by select U.S. city 2017
- RevPAR in Dusseldorf hotels by star category 2014
- France: percentage of nights spent in hotels by foreign tourists 4th quarter 2017
- U.S. hotel rooms in the development pipeline December 2018, by chain scale
- Occupancy rate of hotels in South Africa by stars 2010-2022
- Brazil: number of outlets of hotel chain Rede Bristol 2015-2018
- Average length of stay of visitors from Malaysia in 5-star hotels in Macao 2008-2017
- Sleeping preferences of hotel visitors from China as of December 2013
- Wi-Fi speed in selected hotels in Las Vegas as of August 2017
- Forecast: revenue electrical installation Germany 2009-2020
Statistics on "Construction cost of U.S. commercial buildings"
Related topics
About Statista
