Positive

From Yahoo Finance: 2025-04-25 00:45:00

The US hotel construction pipeline grew by 5% in Q1 2025, with 6,376 projects and 749,561 rooms. 1,152 projects were under construction, 2,286 scheduled to begin within 12 months, and 2,938 in early planning stages. Upscale, upper midscale, and midscale hotels dominate, comprising 75% of projects.

Upper upscale and midscale hotel projects hit record highs. Conversion projects saw a 13% increase with 1,421 projects and 136,668 rooms. New construction announced 313 projects with a 21% increase in projects and 41% rise in rooms starting construction. Analysts predict a 1.5% growth in hotel supply for 2025.

161 new hotels with 18,767 rooms opened in the US in Q1 2025. An additional 579 projects, adding 64,781 rooms, are expected to open by year-end, with a total of 740 hotels and 83,548 rooms. Analysts forecast 848 new hotels with 92,892 rooms to open by the end of 2026, reflecting a 1.6% increase in hotel supply.

Read more: US hotel construction pipeline sees 5% growth in Q1 2025