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U.S. hotel construction pipeline hits 749K rooms at Q1 2025 close

Hotel Business

hotel construction pipeline is being driven in large part by the introduction of more than 120 new brands since 2017 and focused development in two high-performing segments: the upper-midscale chain scale and extended-stay accommodations. hotel construction pipeline hits 749K rooms at Q1 2025 close appeared first on hotelbusiness.com.

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LE: Extended-stay brands continue pipeline dominance in Q2

Hotel Business

At the close of the second quarter, there are 1,120 projects comprising 138,776 rooms under construction. Both projects and rooms in the under construction and scheduled to start in the next 12 months stages of the pipeline are down slightly YOY at the Q2 close. extended-stay supply by 5.0%. growth in U.S. extended-stay supply.

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LE: Dallas leads construction pipeline in Q1

Hotel Business

Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) finds 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).

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LE: Nearly half Europe’s pipeline currently under construction

Hotel Business

As seen in the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) , at the close of 2025s first quarter, the region’s total pipeline stands at 1,683 projects/247,472 rooms. LE analysts forecast a total of 355 new hotels/47,549 rooms to open by year-end 2025.

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LE: Record number of projects in U.S. construction pipeline

Hotel Business

At the close of the third quarter, there are 1,185 projects/148,716 rooms under construction, marking an 11% increase in projects and a 6% increase in rooms YOY. At Q3, brand conversion activity also reached an all-time-high project count with 1,247 projects/120,912 rooms. This marks a new all-time high for projects in the U.S.,

Pipeline 105
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Canadian construction pipeline grows 13% YOY

Hotel Business

Projects in early planning also experienced significant growth at Q4 with a 19% increase by projects and 9% by rooms YOY, to close the quarter with 170 projects and a record-high 21,273 rooms. Renovation and brand conversion activity reached new highs as well. Through Q4 2024, Canada opened 15 new hotels with 1,478 rooms.

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Colliers Releases its INNvestment Canada Hotel Report Q4 2024

Hotelier Magazine

The Radisson Hotel & Suites Niagara Falls is set for a major renovation and will be re-launched under IHGs voco brand. Sixty percent of all 2024 hotel trades were valued under $10 million, and 43 per cent closed for less than $5 million, reflecting investor interest in smaller markets with attractive yields. per cent inflation.