By AZRE | AzBigMedia
The recent U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter of 2025, the top five markets with the largest hotel construction pipelines are led by Dallas with 203 projects/24,496 rooms, a new all-time-high room total representing 9% project and 11% room growth year-over-year (YOY). Following Dallas is Atlanta with 166 projects/19,149 rooms, Nashville with 127 projects/16,589 rooms, Phoenix with 126 projects/16,490 rooms, and Austin with 124 projects/14,514 rooms, which also achieved new all-time-high project and room totals, showing impressive 11% project and 9% room growth YOY.
U.S. markets with the greatest number of projects already under construction at the Q1 close are New York with 39 projects/7,064 rooms, Phoenix with 34 projects/5,023 rooms, and Dallas with 31 projects/3,706 rooms. Atlanta follows with 26 projects/3,182 rooms and the Inland Empire with 22 projects/2,399 rooms under construction.
For the 2026 forecast, LE analysts expect 848 new hotels/92,892 rooms to open in the U.S. by year-end. The Dallas market is expected to lead in new hotel openings in 2026, with 26 new hotels/2,611 rooms forecast to open, followed by the Atlanta market with 24 new hotels/2,539 rooms, then the Phoenix market and the Inland Empire, each with 23 new hotels expected to open accounting for 3,587 and 2,207 rooms, respectively.
