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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)

by T. Wang, last edited Aug 9, 2019
U.S. hotel construction costs by select city 2018 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.
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Average construction costs of hotels in the United States in 2018, by select city (in U.S. dollar per square foot)

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