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U.S. HOTEL CONSTRUCTION FELL FOR SIXTH CONSECUTIVE MONTH (États-Unis)

The volume of U.S. hotel rooms under construction decreased year over year for a sixth consecutive month, according to CoStar's June 2025 data.

Catégorie : Amérique du Nord et Antilles - États-Unis - Économie du secteur - Projets hôteliers - Chiffres et études
Ceci est un communiqué de presse sélectionné par notre comité éditorial et publié gratuitement le lundi 21 juillet 2025


U.S. hotel rooms under construction

U.S. hotel rooms under construction
Crédit photo © STR


CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

U.S. Hotel Pipeline

June 2025 (percentage change from June 2024)
  • In construction: 138,922 rooms (-11.9%)
  • Final Planning: 266,276 rooms (-0.1%)
  • Planning: 349,802 rooms (+4.8%)
With hotel demand trending downward, unrelenting economic uncertainty, and rising construction costs, it’s not surprising that the number of hotel rooms under construction is at a 20-quarter low,” said Isaac Collazo, STR’s senior director of analytics.

More than half of all rooms under development are in the Southern region and mostly outside of the Top 25 Markets. Like most of the pipeline, these rooms are mostly in the two planning phases, and many will likely not be built in the near future.”

Chain Scale Segments (% of existing supply, in-construction room count)

1. Luxury (4.1% / 6,443 rooms)
2. Upper Upscale (2.3% / 16,336 rooms)
3. Upscale (3.7% / 34,047 rooms)
4. Upper Midscale (3.1% / 36,718 rooms)
5. Midscale (2.5% / 12,715 rooms)
6. Economy (0.9% / 5,830 rooms)

Most rooms under construction continue to be centered in the middle tier (Upscale and Upper Upscale),” said Collazo.

While we expect the number of these projects to decrease, they will remain the focus of new development for the foreseeable future.”

About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 130 million average monthly unique visitors in the first quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information.



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