U.S. Hotel Construction Pipeline Remains Steady Year-Over-Year, with Extended-Stay Hotels Comprising 40% of Total Projects at the Q3 2025 Close

According to the Q3 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline has remained relatively unchanged year-over-year (YOY) and stands at 6,205 projects/728,416 rooms, holding steady by projects and up 1% by rooms YOY.