U.S. Hotel Construction Pipeline Grows 5% YOY in Q1 2025, Early Planning Stage Surges 10%
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U.S. Hotel Construction Pipeline Grows 5% YOY in Q1 2025, Early Planning Stage Surges 10%
As seen in Lodging Econometrics’ (LE) Q1 2025 U.S. Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. These first quarter totals represent a 5% year-over-year (YOY) increase in projects and a 6% YOY increase in rooms compared to Q1 2024.
U.S. Hotel Construction Pipeline Grows 5% YOY in Q1 2025, Early Planning Stage Surges 10% - Lodging Econometrics
As seen in Lodging Econometrics’ (LE) Q1 2025 U.S. Hotel Construction Pipeline Trend Report, at the close of the quarter, the pipeline consists of 6,376 projects and 749,561 rooms. These first quarter totals represent a 5% year-over-year (YOY) increase in projects and a 6% YOY increase in rooms compared to Q1 2024. Currently, there are 1,152 projects comprising 145,368 rooms under construction in the U.S., up 1% by projects and 3% by rooms YOY. P
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