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Putting the 10,465 New Hotel Rooms Coming to DC in Perspective

WASHINGTON, DC--Have we overestimated the market or will tourism and convention business growth keep demand in line with the supply?

By Erika Morphy | erikamorphy | | Updated on July 05, 2016
Work begins on the Conrad Hotel Work begins on the Conrad Hotel

WASHINGTON, DC–Last week CityCenterDC’s co-developers started construction on the Conrad Washington DC, a luxury hotel with 30,000-square feet of retail. The hotel will deliver in the first quarter of 2019 with all the usual accoutrements of high-end lodging including a star chef (Bryan Voltaggio) and Pritzker Prize-caliber designers (Herzog & de Meuron). So chalk up another 360 new hotel rooms to the Washington DC area’s very rapidly growing hotel pipeline.

3,617 Rooms Under Construction

Right now there are about 3,617 hotel rooms under construction in the Washington DC area and a grand total of about 10,465 rooms under contract — making us one of only eight markets in the US that has breached the 10,000 room mark at this moment, according to STR’s May 2016 Pipeline Report.   STR defines “under contract” as projects that are under construction (or in construction as STR calls it),  in final planning and in the planning stages. It doesn’t include projects that haven’t been confirmed.

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