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 January 29, 2022, 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 January 29, 2022. 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: January 29, 2022. 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 January 29, 2022)
