US Hotel Construction Pipeline Flat, While Brand Conversions Set Record

US hotel construction pipeline flat, while brand conversions set record

Dallas led other markets for the most hotels under construction in Q3, but the overall pipeline experienced a slight drop from previous quarters, per Lodging Econometrics.

U.S. Hotel Construction Pipeline Remains Steady Year-Over-Year, with Extended-Stay Hotels Comprising 40% of Total Projects at the Q3 2025 Close

According to the Q3 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline has remained relatively unchanged year-over-year (YOY) and stands at 6,205 projects/728,416 rooms, holding steady by projects and up 1% by rooms YOY.