The Q1 2026 U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) discovered that on the finish of the primary quarter, there have been 6,020 initiatives with 705,825 rooms within the pipeline, reflecting sustained growth exercise throughout the nation.
Of these, 1,071 initiatives comprising 132,016 rooms have been below building. One other 2,164 initiatives with 249,465 rooms have been scheduled to start out building throughout the subsequent 12 months, whereas initiatives within the early strategy planning stage stood at 2,785 initiatives and 324,344 rooms. In the meantime, first-quarter building begins totaled 140 initiatives with 15,546 rooms, and new mission bulletins totaled 166 initiatives and 20,864 rooms.
Inside the chain scales, the posh section achieved a record-high mission depend in Q1, reaching 102 initiatives with 25,527 rooms, up 16 p.c by initiatives and 23 p.c by rooms year-over-year (YOY). The highest three chain scales (upscale, higher midscale, and midscale) accounted for 75 p.c of the initiatives within the whole U.S. building pipeline, and every was anticipated to publish its highest new lodge opening whole since 2022.
Past the development pipeline, LE’s newest information pointed to broad-based exercise throughout different key business metrics. Lodge conversions remained sturdy, standing at 1,461 initiatives and 141,971 rooms, which marked a 3 p.c improve by initiatives and 4 p.c by rooms year-over-year. Mixed conversion and renovation exercise reached 2,041 initiatives and 258,665 rooms.
Openings
Within the first quarter of 2026, 126 new accommodations opened in the US, accounting for 14,614 rooms. For the remaining three quarters of 2026, LE forecast one other 556 initiatives with 62,709 rooms to open, leading to a complete of 682 new accommodations with 77,323 rooms by year-end and representing a 1.4 p.c improve in new lodge provide. Waiting for 2027, LE analysts anticipated 750 new accommodations with 81,199 rooms to open within the U.S., for a 1.4 p.c provide improve.
