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Extended Stay and Luxury Fuel U.S. Hotel Pipeline
financeHotel Dive··1 min·For: Owner, Investor, Revenue

Extended Stay and Luxury Fuel U.S. Hotel Pipeline

Extended stay and luxury developments led the U.S. hotel construction pipeline in Q3, despite overall project counts declining 4.9% year over year. Dallas topped all U.S. markets for total pipeline activity, with middle-tier extended stay properties comprising the bulk of upcoming supply.

Key Takeaways

  1. 1Extended stay properties accounted for 40% of the 5,901 projects in the total U.S. pipeline.
  2. 2Luxury projects hit a record 108 hotels (up 14% YoY), while upper upscale reached a record 375 projects.
  3. 3Dallas led all U.S. markets with 184 pipeline projects, followed by Atlanta (154) and Nashville (122).

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Source: Hotel Dive

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