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U.S. hotel construction costs by classification 2017
U.S. hotel construction costs by classification 2017
Average construction costs of hotels in the United States in 2017, by hotel class (in 1,000 U.S. dollar per per room)
This statistic displays the average construction cost for building hotels in the United States in 2017, with a breakdown by hotel classification. As of that year, the the land costs for a luxury hotel was about 195,000 U.S. dollars per room.
Average construction costs of hotels in the United States in 2017, 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 | 20 | 79 | 16 | 0.1 | 10 | 7 |
| Upper midscale | 20 | 98 | 12 | 3 | 17 | 6 |
| Upscale | 30 | 135 | 17 | 5 | 20 | 10 |
| Upper upscale | 75 | 244 | 47 | 6 | 33 | 11 |
| Luxury | 195 | 784 | 250 | 23 | 92 | 58 |
| Land | Hard costs | Soft costs | Working capital, pre-opening, and supplies | Furniture, fixtures & equipment (FF&E) | Development fee | |
|---|---|---|---|---|---|---|
| Midscale | 20 | 79 | 16 | 0.1 | 10 | 7 |
| Upper midscale | 20 | 98 | 12 | 3 | 17 | 6 |
| Upscale | 30 | 135 | 17 | 5 | 20 | 10 |
| Upper upscale | 75 | 244 | 47 | 6 | 33 | 11 |
| Luxury | 195 | 784 | 250 | 23 | 92 | 58 |
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This statistic displays the average construction cost for building hotels in the United States in 2017, with a breakdown by hotel classification. As of that year, the the land costs for a luxury hotel was about 195,000 U.S. dollars per room.
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- Release date
- May 2018
- Region
- United States
- Survey time period
- 2017
Source
- Show sources information
- Show publisher information
- Release date
- May 2018
More information
- Region
- United States
- Survey time period
- 2017
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