Lodging Econometrics’ (LE’s) This autumn 2025 World Resort Development Pipeline Development Report discovered the worldwide lodge development pipeline reached a brand new all-time excessive venture rely with 15,922 initiatives (2,437,354 rooms), a 1 p.c improve in initiatives year-over-year (YOY).
There have been 6,140 initiatives (1,058,945 rooms) at the moment beneath development worldwide on the finish of the fourth quarter of 2025. Tasks scheduled to start out development anytime within the subsequent 12 months stood at 3,845 initiatives (553,140 rooms), up 3 p.c by rooms YOY. Tasks within the early starting stage reached file highs, standing at 5,937 initiatives (825,269 rooms), displaying important development with a 4 p.c improve in initiatives and a 3 p.c improve in rooms YOY.
The pipeline for the luxurious chain scale reached file highs with 1,328 initiatives (252,544 rooms), up 8 p.c by initiatives and 4 p.c by rooms YOY. The higher upscale chain scale additionally achieved file highs with 1,883 initiatives (391,391 rooms), growing 9 p.c by initiatives and 4 p.c by rooms YOY. The highest two chain scales by venture rely, upscale and higher midscale mixed, totaled 8,358 initiatives (1,227,133 rooms), up 1 p.c by each initiatives and rooms YOY.
High International locations and Cities
The highest international locations by venture rely continued to be led by america with 6,146 initiatives (720,089 rooms). China adopted with 3,608 initiatives (644,938 rooms). The USA represented 39 p.c of the initiatives within the whole world pipeline, whereas China accounted for 23 p.c. Sixty-two p.c of the initiatives within the whole world pipeline have been concentrated inside these two international locations. Notable development was seen in India, which reached file highs with 906 initiatives (118,334 rooms), displaying will increase of 31 p.c by initiatives and 35 p.c by rooms YOY. Saudi Arabia additionally achieved file highs with 394 initiatives (106,521 rooms), up 25 p.c by initiatives and 28 p.c by rooms YOY.
The cities with the best variety of initiatives within the lodge development pipeline have been led by Dallas, Texas, with 193 initiatives (23,720 rooms). Atlanta, Georgia, adopted with 159 initiatives (17,804 rooms). Subsequent have been the worldwide cities of Chengdu, which ranked third with 136 initiatives (24,216 rooms), adopted by Guangzhou with 126 initiatives/25,329 rooms, and Phoenix, Arizona, which rounded out the highest 5 with 124 initiatives (16,303 rooms).
Further Findings
Globally, the conversion pipeline reached file highs with 2,815 initiatives (341,006 rooms), up 13 p.c by initiatives and 14 p.c by rooms YOY. Mixed lodge renovations and conversions additionally achieved file highs, standing at 3,777 initiatives (540,459 rooms), up 9 p.c by initiatives and 10 p.c by rooms YOY.
Regional pipeline venture file counts have been achieved by the Asia Pacific, excluding China, area with 2,323 initiatives (433,241 rooms), up 11 p.c by initiatives and 5 p.c by rooms YOY, then the Center East with 710 initiatives (176,402 rooms), up 15 p.c by initiatives and 13 p.c by rooms YOY; and Africa with 312 initiatives (47,395 rooms), up 11 p.c by initiatives and 9 p.c 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.
