Thousands of new hotel rooms expected to open in LA County won’t: report

Atlas Hospitality estimates 10,000 of the 33,000 rooms planned will actually get built

TRD LOS ANGELES /
Jan.January 30, 2018 09:30 AM
Downtown Los Angeles hotel (Credit: Wikimedia Commons)

Around 10,000 hotel rooms are expected to come online in Los Angeles County over the next few years, according to a new report, part of what is projected to be a record-setting period of development across the state.

That flood of new hotel construction still represents a conservative estimate of the total number of rooms that developers are proposing. In 2017, developers laid out plans to open 33,500 hotel rooms over the next few years in Los Angeles alone.

The report from Atlas Hospitality Group estimates that, given historical data, the number will be closer to the 10,000 mark, Atlas President Alan Reay told the Los Angeles Business Journal.

Still, that is a extraordinary pace of building.

This year is expected to beat out any previous year on record, including 2017’s historic high for hotel rooms.

Nearly 10,800 hotel rooms opened across the state last year, or 500 more than the previous record set in 2008. LA County led with 4,300 new hotel rooms, thanks in part to the 889-room Intercontinental Hotel at the Wilshire Grand—the hotel with urinals on the 70th floor that overlook the LA skyline.

There are 5,327 hotel rooms now under construction in LA Count y— a quarter of the 20,693 under construction statewide. That’s almost twice the number of the second highest area, San Diego County, according to Bisnow. [Los Angeles Business Journal] – Dennis Lynch 


Related Articles

arrow_forward_ios
Governor Gavin Newsom and Senator Nancy Skinner (Credit: Getty Images and iStock)

Developers rejoice: Newest state law aims to boost housing production

Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

Aerial view of 611 N. Brand Boulevard and Rossano de Cottiis (Credit: Hunter Kerhart Architectural Photography)

Onni scraps apartment plans for 857-key hotel project in Glendale

A rendering of the proposed hotel project on Whitley Street (Credit: Daryoush Safai)

Reservations: Hollywood hotel project faces appeal from rent control tenants

Ron Galperin and an overview of LA (Credit: iStock)

LA owns thousands of properties, many of them vacant. LA’s controller has an idea to spur development

Atlas Hospitality Group president Alan X. Reay and Downtown Los Angeles, with construction development rising above the L.A. Convention Center at the right (Credit: Wikimedia)

Keyed up: LA’s hotel development outpacing the rest of California

Bob Halavi and 827 South Grand View Street (Credit: LinkedIn and Google Maps)

This 60-unit resi project would add to MacArthur Park’s growing pipeline

Architect Michael Kollin and the planned Lasky Hotel

This boutique hotel will replace Maison 140 in Beverly Hills

arrow_forward_ios