While economic pressures have lead to major falls in the number of hotel rooms in the pipeline for the US market, the luxury sector seems to be largely unaffected.

According to the latest STR/McGraw Hill Construction Dodge Pipeline Report, while the number of rooms in the total active pipeline in April 2011 fell by 12.2 per cent when compared to April 2010, the luxury market remained static which a marginal loss of 3.5 per cent.

Meanwhile, confidence in the economy and midscale markets seem to have taken a battering, with planned pipelines down by 36 per cent and 22 per cent respectively.

The STR pipeline report is seen as a good indicator on the hotel sector's confidence in new projects, and is updated monthly. For more details see the full report by clicking here.