This statistic displays the average construction cost for building hotels in the United States in 2018, with a breakdown by hotel classification. As of that year, the the land costs for a luxury hotel was about 193,000 U.S. dollars per room.
Average construction costs of hotels in the United States in 2018, by hotel class
(in 1,000 U.S. dollar per per room)
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Cushman & Wakefield. (June 12, 2019). Average construction costs of hotels in the United States in 2018, by hotel class (in 1,000 U.S. dollar per per room) [Graph]. In Statista. Retrieved February 28, 2020, from https://www.statista.com/statistics/896235/construction-costs-of-hotels-in-us-by-class/
Cushman & Wakefield. "Average construction costs of hotels in the United States in 2018, by hotel class (in 1,000 U.S. dollar per per room)." Chart. June 12, 2019. Statista. Accessed February 28, 2020. https://www.statista.com/statistics/896235/construction-costs-of-hotels-in-us-by-class/
Cushman & Wakefield. (2019). Average construction costs of hotels in the United States in 2018, by hotel class (in 1,000 U.S. dollar per per room). Statista. Statista Inc.. Accessed: February 28, 2020. https://www.statista.com/statistics/896235/construction-costs-of-hotels-in-us-by-class/
Cushman & Wakefield. "Average Construction Costs of Hotels in The United States in 2018, by Hotel Class (in 1,000 U.S. Dollar per per Room)." Statista, Statista Inc., 12 Jun 2019, https://www.statista.com/statistics/896235/construction-costs-of-hotels-in-us-by-class/
Cushman & Wakefield, Average construction costs of hotels in the United States in 2018, by hotel class (in 1,000 U.S. dollar per per room) Statista, https://www.statista.com/statistics/896235/construction-costs-of-hotels-in-us-by-class/ (last visited February 28, 2020)
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