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)
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 |
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Costs of U.S. commercial building construction
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