Table 8.2.3 – Hotel Construction Costs
Size
Size: Under 75 rooms
Average Number of Rooms in New Hotels Completed in 2001 & 2002: 56
Construction Costs (Millions): $1.8
Size: 75 – 149 rooms
Average Number of Rooms in New Hotels Completed in 2001 & 2002: 102
Construction Costs (Millions): $4.8
Size: 150 – 299 rooms
Average Number of Rooms in New Hotels Completed in 2001 & 2002: 207
Construction Costs (Millions): $12.9
Size: 300 – 500 rooms
Average Number of Rooms in New Hotels Completed in 2001 & 2002: 388
Construction Costs (Millions): $30.1
Size: Over 500 rooms
Average Number of Rooms in New Hotels Completed in 2001 & 2002: 797
Construction Costs (Millions): $81.7