HVS U.S. Development Cost Survey

August 16, 2024
By Luigi Major, MAI

This research report is a benchmark for development cost across different hotel classes, with research and a compilation of development costs from actual hotel construction budgets, including an illustrated total development cost per room/per product type.

U.S. Hotel Development Cost Survey 2024

U.S. Hotel Development Cost Survey 2023

U.S. Hotel Development Cost Survey 2021

U.S. Hotel Development Cost Survey 2020

U.S. Hotel Development Cost Survey 2018/19

U.S. Hotel Development Cost Survey 2017/18

U.S. Hotel Development Cost Survey 2016/17

U.S. Hotel Development Cost Survey 2015/16

U.S. Hotel Development Cost Survey 2014/15

U.S. Hotel Development Cost Survey 2013/14

U.S. Hotel Development Cost Survey 2012/13

U.S. Hotel Development Cost Survey 2011/12

U.S. Hotel Development Cost Survey 2010

About Luigi Major, MAI

Luigi Major, MAI, is Managing Director, Advisory of HVS Americas. A trusted advisor, he serves clients across the Americas to deliver tailored solutions to meet their needs, leveraging the breadth of HVS resources and expertise. He has participated in thousands of assignments throughout the United States, Latin America, and the Caribbean. Luigi earned his bachelor's degree from the University of Houston's Conrad N. Hilton College of Global Hospitality Leadership and joined HVS in 2007. Contact Luigi at (310) 270-3240 or [email protected].

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