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U.S. hotel construction costs by classification 2018
U.S. hotel construction costs by classification 2018
Average construction costs of hotels in the United States in 2018, by hotel class (in 1,000 U.S. dollar per per room)
by T. Wang,
last edited
Jun 17, 2019
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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| Land | Hard costs | Soft costs | Working capital, pre-opening, and supplies | Furniture, fixtures & equipment (FF&E) | Development fee* | |
|---|---|---|---|---|---|---|
| Midscale | 16 | 112 | 19 | 1.8 | 12 | - |
| Upper midscale | 108 | 108 | 13 | 3 | 25 | 12 |
| Upscale | 36 | 257 | 35 | 8 | 33 | 16 |
| Upper upscale | 34 | 240 | 45 | 8 | 32 | 11 |
| Luxury | 193 | 780 | 244 | 22 | 90 | 53 |
| Land | Hard costs | Soft costs | Working capital, pre-opening, and supplies | Furniture, fixtures & equipment (FF&E) | Development fee* | |
|---|---|---|---|---|---|---|
| Midscale | 16 | 112 | 19 | 1.8 | 12 | - |
| Upper midscale | 108 | 108 | 13 | 3 | 25 | 12 |
| Upscale | 36 | 257 | 35 | 8 | 33 | 16 |
| Upper upscale | 34 | 240 | 45 | 8 | 32 | 11 |
| Luxury | 193 | 780 | 244 | 22 | 90 | 53 |
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by T. Wang,
last edited
Jun 17, 2019
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.
- Show sources information
- Show publisher information
- Release date
- June 2019
- Region
- United States
- Survey time period
- 2018
- Supplementary notes
- * Development fee figures for midscale were not available due to insufficient data.
Source
- Show sources information
- Show publisher information
- Release date
- June 2019
More information
- Region
- United States
- Survey time period
- 2018
- Supplementary notes
- * Development fee figures for midscale were not available due to insufficient data.
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