
ARLINGTON, Virginia—Amongst all U.S. markets, New York Metropolis and Phoenix are set to open essentially the most lodge rooms in 2026, in accordance with pipeline knowledge from CoStar.
High markets by Projected 2026 Room Openings
- New York Metropolis, New York (4,852 rooms)
- Phoenix, Arizona (3,650 rooms)
- Dallas, Texas (3,558 rooms)
- Orlando, Florida (1,988 rooms)
- Miami, Florida (1,954 rooms)
“For a second consecutive 12 months, New York Metropolis leads the nation in anticipated new-build openings,” stated Isaac Collazo, senior director of analytics at STR. “This shouldn’t be a shock, provided that the market has additionally led the nation in occupancy for the final three years. That stated, each room provide and room demand are nonetheless decrease right now than they had been in 2019, exhibiting there may be nonetheless alternative for additional development.”
U.S. Lodge Openings
- 2025: 749 accommodations/79,116 rooms
- 2026 (projected): 891 accommodations/99,011 rooms
- 2027 (projected): 1,688 accommodations/191,926 rooms
“Whereas U.S. lodge improvement has been sluggish, there may be nonetheless optimism across the trade primarily based on the report variety of tasks within the pipeline,” stated Collazo. “It’s not shocking that 2025 noticed the biggest variety of new openings since 2021, and 2026 openings are anticipated to be again to the pre-pandemic degree.”
