Lodging Econometrics Releases it's 2015 Forecast for New Hotel Openings in it's Mid-Year Report

PORTSMOUTH, NH -- Lodging Econometrics' (LE's) forecast predicts New Hotel Openings of 739 Projects/ 82,587 Rooms for 2015, representing a growth rate for new supply of 1.6%.

This is a slow, moderate but steady uptrend improvement over 2011's cyclical bottom of 346 Projects/ 37,193 Rooms.

Despite these increases, the industry is still far way from the peak for New Openings of 1,341 Projects/ 154,258 Rooms set in 2008, a feat that will not likely be repeated until late this decade, if at all.

For a complete copy of the company’s news release, please contact:

Rebecca Evans

Director of Communications

Lodging Econometrics

revans@lodgingeconometrics.com

P: +1 603.431.8740, ext. 19

F: +1 603.431.4418

www.lodgingeconometrics.com