Lodging Econometrics’ (LE’s) This fall 2025 World Lodge Development Pipeline Pattern Report discovered the worldwide resort building pipeline reached a brand new all-time excessive undertaking rely with 15,922 tasks (2,437,354 rooms), a 1 % improve in tasks year-over-year (YOY).
There have been 6,140 tasks (1,058,945 rooms) at present below building worldwide on the finish of the fourth quarter of 2025. Initiatives scheduled to begin building anytime within the subsequent 12 months stood at 3,845 tasks (553,140 rooms), up 3 % by rooms YOY. Initiatives within the early strategy planning stage reached document highs, standing at 5,937 tasks (825,269 rooms), exhibiting vital progress with a 4 % improve in tasks and a 3 % improve in rooms YOY.
The pipeline for the posh chain scale reached document highs with 1,328 tasks (252,544 rooms), up 8 % by tasks and 4 % by rooms YOY. The higher upscale chain scale additionally achieved document highs with 1,883 tasks (391,391 rooms), growing 9 % by tasks and 4 % by rooms YOY. The highest two chain scales by undertaking rely, upscale and higher midscale mixed, totaled 8,358 tasks (1,227,133 rooms), up 1 % by each tasks and rooms YOY.
Prime Nations and Cities
The highest nations by undertaking rely continued to be led by the USA with 6,146 tasks (720,089 rooms). China adopted with 3,608 tasks (644,938 rooms). The US represented 39 % of the tasks within the whole world pipeline, whereas China accounted for 23 %. Sixty-two % of the tasks within the whole world pipeline have been concentrated inside these two nations. Notable progress was seen in India, which reached document highs with 906 tasks (118,334 rooms), exhibiting will increase of 31 % by tasks and 35 % by rooms YOY. Saudi Arabia additionally achieved document highs with 394 tasks (106,521 rooms), up 25 % by tasks and 28 % by rooms YOY.
The cities with the best variety of tasks within the resort building pipeline have been led by Dallas, Texas, with 193 tasks (23,720 rooms). Atlanta, Georgia, adopted with 159 tasks (17,804 rooms). Subsequent have been the worldwide cities of Chengdu, which ranked third with 136 tasks (24,216 rooms), adopted by Guangzhou with 126 tasks/25,329 rooms, and Phoenix, Arizona, which rounded out the highest 5 with 124 tasks (16,303 rooms).
Further Findings
Globally, the conversion pipeline reached document highs with 2,815 tasks (341,006 rooms), up 13 % by tasks and 14 % by rooms YOY. Mixed resort renovations and conversions additionally achieved document highs, standing at 3,777 tasks (540,459 rooms), up 9 % by tasks and 10 % by rooms YOY.
Regional pipeline undertaking document counts have been achieved by the Asia Pacific, excluding China, area with 2,323 tasks (433,241 rooms), up 11 % by tasks and 5 % by rooms YOY, then the Center East with 710 tasks (176,402 rooms), up 15 % by tasks and 13 % by rooms YOY; and Africa with 312 tasks (47,395 rooms), up 11 % by tasks and 9 % by rooms YOY.
Throughout 2025, 2,371 new accommodations opened worldwide, accounting for 325,985 rooms. LE analysts forecast 2,617 new accommodations (389,175 rooms) to open in 2026, adopted by 2,630 new accommodations (384,955 rooms) to open in 2027.
