In line with the current Q2 2025 U.S. Lodge Development Pipeline Development Report from Lodging Econometrics, on the shut of the quarter, the 5 markets with the most important lodge development pipelines had been led by Dallas with 199 initiatives and a brand new record-high 24,497 rooms. Atlanta adopted with 165 initiatives/19,027 rooms, then Nashville with 128 initiatives/17,025 rooms, and Austin with record-high undertaking and rooms totals of 125 initiatives/14,598 rooms. Phoenix adopted with 123 initiatives/16,228 rooms. All of those markets confirmed year-over-year (YOY) progress at Q2, with probably the most substantial being Austin with a ten % YOY enhance by initiatives and a 7 % enhance by rooms.
On the finish of the second quarter, the 5 U.S. markets with the best variety of initiatives at present beneath development within the whole pipeline had been led by Phoenix with 35 initiatives/5,089 rooms. Following Phoenix had been New York Metropolis with 33 initiatives/6,118 rooms, Dallas with 32 initiatives/3,804 rooms, and Atlanta with 23 initiatives/2,782 rooms. Nashville rounded out the highest 5 with 20 initiatives and a couple of,739 rooms.
On the Q2 shut, Dallas, with 78 initiatives/8,603 rooms, had probably the most initiatives scheduled to start out throughout the subsequent 12 months, adopted by Atlanta with 65 initiatives/7,942 rooms, Austin with 53 initiatives/6,009 rooms, Nashville with 52 initiatives/7,333 rooms, and Inland Empire with 51 initiatives/5,184 rooms.
Dallas once more topped the listing of markets with probably the most lodge initiatives within the early strategy planning stage, on the finish of Q2, with 89 initiatives/12,090 rooms. Atlanta adopted Dallas, with 77 initiatives/8,303 rooms, and Nashville had 56 initiatives/6,953 rooms. Closing out the highest 5 had been Orlando and Austin, every with 54 initiatives and accounting for 13,329 rooms and 6,033 rooms, respectively.
At Q2 shut, mixed U.S. renovation and conversion initiatives stood at 1,956 energetic initiatives with 259,495 rooms. The markets with the most important mixed variety of renovations and conversions, at Q2, had been Washington, DC, with 34 initiatives/4,889 rooms, Atlanta with 30 initiatives/3,370 rooms, Charlotte with 29 initiatives/3,343 rooms, Orlando with 27 initiatives/14,722 rooms, and New York with 27 initiatives/8,288 rooms.
In line with LE analysts, 329 new resorts with 39,628 rooms opened within the U.S. throughout the first and second quarters of 2025. After the primary half of the yr, Atlanta led in new openings with 11 initiatives/1,191 rooms, adopted by Dallas with 10 initiatives/964 rooms, the New York Metropolis market with 9 initiatives/1,072 rooms, Tampa with seven initiatives/901 rooms, and Orlando with six initiatives/2,617 rooms.
The LE forecast for the rest of 2025 included the opening of one other 406 resorts with 45,160 rooms, totaling 735 new resorts with 84,788 rooms by year-end. Of the highest 50 markets within the U.S., the New York Metropolis market was forecast to open one other 23 new resorts, including 2,971 rooms by year-end 2025. The New York Metropolis market was adopted by Dallas with 20 new resorts/2,135 rooms, Atlanta with 19 new resorts/2,245 rooms, Phoenix with 12 new resorts/2,144 rooms, and Nashville with 12 new resorts/1,527 rooms by year-end 2025.
Looking forward to 2026, Phoenix was forecast to guide with the most important variety of new lodge openings at 27 new resorts/3,207 rooms, adopted by Dallas with 26 new resorts/2,595 rooms, Atlanta with 21 new resorts/2,154 rooms, the New York Metropolis market with 14 new resorts/2,452 rooms, and Nashville with 14 new resorts/1,735 rooms forecast to open by year-end.
Releasing for the primary time this quarter, the LE Forecast for New Lodge Openings in 2027 forecast Dallas to guide with the most important variety of new lodge openings at 35 new resorts/3,694 rooms, adopted by Inland Empire with 28 new resorts/2,923 rooms, Atlanta with 24 new resorts/2,396 rooms, Phoenix with 21 new resorts/2,223 rooms, and Austin with 17 new resorts/1,984 rooms forecast to open in 2027.
