SHERIDAN, WYOMING – Feb. 14, 2025 – A tremendous surge in the U.S. hotel development pipeline marked the final quarter of 2024, with the pipeline hitting unprecedented levels across the country. Recent analysis and reports from Lodging Econometrics (LE) reveals the total hotel construction pipeline has swelled to 6,378 projects encompassing 746,986 rooms, marking year-over-year (YOY) increases of 7% and 8% respectively. This continues an upward trajectory that began in the fourth quarter of 2021.
Vigorous Activity Across All Project Stages