The Lead Wire - Industry News from Construct-A-Lead

March 2022 Data Reflects a Resurgence in High Value and Hotel Planning

By James P. Dinnerville, Director of Research

Luxury Hotel

Construct-A-Lead’s Research Team detected a significant resurgence in major project planning throughout the month of March 2022, including a noticeable upswing in hotel and high rise planning. Throughout March 2021, the CAL team recorded 2,015 planned new projects, including 65 hotels and 73 projects valued over $100 million, however in March 2022 (as of March 27th) CAL’s researchers have already logged 2,506 planned new projects, with 96 hotels and 137 projects valued over $100 million being added during the month to the CAL database. Given current trends, it’s likely that the month will end with over 3,000 projects and 100+ hotels being added to the CAL database.

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