U.S. hotel construction costs by classification 2018

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

LandHard costsSoft costsWorking capital, pre-opening, and suppliesFurniture, fixtures & equipment (FF&E)Development fee*
Midscale16112191.812-
Upper midscale1081081332512
Upscale362573583316
Upper upscale342404583211
Luxury193780244229053
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Source

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.

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