US Hotel Construction Pipeline Down in Q4, Though Conversions Thrived

US hotel construction pipeline down in Q4, though conversions thrived

The luxury hotels pipeline hit a project record in the quarter, while across markets, Dallas led construction projects, according to data from Lodging Econometrics.

U.S. Hotel Development Trends & Projections Newsletter – Winter 2025/2026

— United States Edition — Hotel Development Trends & ProjectionsSteady Pipeline at Q4 2025 Close, as Brand Conversions Hit New Record Hotel construction in the United States closed the fourth quarter of 2025 with a total pipeline of 6,146 projects and 720,089 rooms, according to Lodging Econometrics’ (LE’s) latest Hotel Construction Pipeline Trend report. The U.S. hotel pipeline shows steady activity across all project stages. Projects currently

Lodging Econometrics Shares Findings From Hotel Pipeline Report

As seen in the Q4 2025 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), hotel construction in the United States closed the fourth quarter of 2025 with a total pipeline of 6,146 projects and 720,089 rooms. The U.S. hotel pipeline showed steady activity across all project stages. Projects under construction totaled 1,088, comprising 134,380 rooms. Looking ahead, there were 2,175 projects with 253,750 rooms scheduled to star…