City overview: Los Angeles to grow room count by over 10,000 [Infographic]
We explore LA’s development pipeline and discover which are the city’s fastest growing hotel brands using information from the TOPHOTELPROJECTS construction database.
The City of Angels will be buoyed by the addition of 50 new hotels and 10,436 rooms over the coming years, according to exclusive figures from TOPHOTELPROJECTS. We find out more about these projects and take a closer look at some of the standout properties.
A growth burst in LA’s hotel market
In total, 14 new LA hotels are planned for the second half of 2020, which are collectively set to add 3,099 new rooms to the city’s count. While these projects are officially still progressing, it’s impossible to fully foresee the impact that Covid19 will have on the local hotel pipeline. But even without taking into account the possibility of some schemes being pushed back to next year, 2021 will see a further 17 hotel openings with 3,831 rooms.
Interestingly, the hotel market’s growth spurt seems to end abruptly in 2022 and 2023. Only four new hotels are planned for each year, bringing 644 and 979 new rooms respectively, while another 11 projects and 1,883 rooms are planned for 2024 and beyond.
33 of the planned 50 hotels will be in the 4-star category, while the remaining 17 will be in the 5-star segment.
LA’s rapidly growing hotel brands
Our data suggests that LA’s fastest growing hotel brand is The Unbound Collection by Hyatt, which intends to open three stunning boutique properties in the city. Combined, these hotels will have only 192 rooms, enabling them to offer guests the tailored service they have come to expect from the premium brand.
Meanwhile, the hip citizenM brand from the Netherlands will bring its fun style and warm welcome to LA with 2 properties and 555 rooms. And Hyatt Centric will also be opening two properties, adding 448 rooms to the city.
Noteworthy hospitality projects in the City of Angels
A city of LA’s stature typically has a couple of really eye-catching schemes in the works, and that’s certainly the case at the moment.
The JW Marriott Hotel Los Angeles at L.A. Live’s 755-room extension is the largest project currently in its hotel pipeline, the database reveals. This new hotel tower will be directly connected to the existing JW Marriott Los Angeles L.A. Live and Ritz-Carlton Los Angeles hotels by a bridge across Olympic Boulevard. In addition to two levels of below-grade parking and ground-level retail spaces, a second-floor amenity deck will include a restaurant, a bar and lounge, a fitness centre, an executive lounge and a pool area with cabanas.
Set to open in Q3 2020, meanwhile, the 200-room Thompson Hollywood will embrace the scene and style of Hollywood. The ground floor of the ten-storey building will comprise a hotel lobby, a restaurant, a bar and an outdoor plaza. And with views of the iconic Hollywood sign and Downtown Los Angeles to look forward to, the penthouse level will feature an outdoor pool with a deck, a restaurant and a fitness centre.
According to the TOPHOTELCONSTRUCTION online database, 50 hotel projects are currently in the pipeline in Los Angeles: