According to the Q1 2026 U.S. Construction Pipeline Trend Report from Lodging Econometrics, the U.S. has 6,020 hotel projects with 705,825 guestrooms in the pipeline at the end of the first quarter of 2026, reflecting sustained development activity across the country.
Of those, 1,071 projects comprising 132,016 rooms are under construction. Another 2,164 projects with 249,465 rooms are scheduled to start construction within the next 12 months, while projects in the early-planning stage stand at 2,785 projects and 324,344 rooms. Meanwhile, Q1 construction starts totaled 140 projects with 15,546 rooms, and new project announcements totaled 166 projects and 20,864 rooms.
Within the chain scales, the luxury segment achieved a record-high project count in Q1, reaching 102 projects with 25,527 rooms, up 16 percent by projects and 23 percent by rooms year over year. The top three chain scales (upscale, upper midscale and midscale) account for 75 percent of the projects in the total U.S. construction pipeline—and each is expected to post its highest new-hotel opening total since 2022.
Beyond the construction pipeline, LE’s latest data points to broad-based activity across other key industry metrics. Hotel conversions remain strong, standing at 1,461 projects and 141,971 rooms—up 3 percent by projects and 4 percent by rooms year over year, while combined conversion and renovation activity reaches 2,041 projects and 258,665 rooms.
Looking Ahead
In the first quarter of 2026, 126 new hotels opened in the U.S., accounting for 14,614 rooms. For the remaining three quarters of 2026, LE forecasts another 556 projects with 62,709 rooms to open, resulting in a total of 682 new hotels with 77,323 rooms by year-end and representing a 1.4 percent increase in new hotel supply.
Looking ahead to 2027, LE analysts anticipate 750 new hotels with 81,199 rooms to open in the U.S., for a 1.4 percent supply increase.