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.
