According to the recent Q2 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets with the largest hotel construction pipelines are led by Dallas with 199 projects and a new record-high 24,497 rooms. Atlanta follows with 165 projects/19,027 rooms, then Nashville with 128 projects/17,025 rooms, Austin with new record-high project and rooms totals of 125 projects/14,598 rooms. Phoenix follows with 123 projects/16,228 rooms. All of these markets show year-over-year (YOY) growth at Q2 with the most substantial being Austin with a 10% YOY increase by projects and a 7% increase by rooms.
