Lodging Econometrics’ latest United States Construction Pipeline Trend Report shows that the U.S. hotel pipeline is still on the rise, increasing 15 percent in projects and 13 percent in guestrooms year-over-year—representing a gain for the 14th consecutive quarter. 1,356 projects and 174,996 guestrooms are currently under construction in the U.S., an increase of 239 projects or 21 percent. Projects scheduled to begin in the next year have increased 28 percent, with 2,047 projects and 234,638 guestrooms in the lineup. However, projects and guestrooms in early planning stages dropped 9 percent for the second consecutive quarter.