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NYC, Nashville lead U.S. hotel room openings in 2025

In 2026, 1,865 hotels with 198,319 rooms are expected to open

Skyline view of New York City and Nashville, highlighting upcoming hotel openings in 2025
The U.S. is set to open 953 hotels with 108,366 rooms in 2025, led by New York City with 5,719 and Nashville with 2,849 rooms, according to CoStar.

U.S. Hotel Openings 2025: Key Markets, Growth Trends & Industry Insights

THE U.S. IS expected to see 953 hotel openings with 108,366 rooms in 2025, with New York City and Nashville leading at 5,719 and 2,849 rooms, respectively, according to CoStar. Around 1,865 hotels with 198,319 rooms are projected to open in 2026.

Other markets, including San Diego, Dallas, and Phoenix, are projected to open 5,719, 2,849, and 2,818 rooms in 2025, the report said.


“The ongoing development in New York City is not surprising given the market’s status and its high performance in recent years,” said Isaac Collazo, STR’s senior director, analytics. “With major sources of leisure and business travel, New York reported the highest occupancy level of any U.S. market in both 2023 and 2024. Though fewer rooms are in construction compared to 2023, more are in the planning and final planning stages, pointing to continued investment in the long term.”

“Nashville is in a similar situation, with most rooms set to open across the Upper Midscale and Upscale classes this year,” he said. “Unlike in NYC, Nashville’s construction total is up from last year.”

In comparison, around 721 hotels with 73,682 rooms opened in 2025, CoStar said.

Collazo said U.S. hotel construction remained muted, with many projects on the sidelines, as shown by large gains in the planning stages at the end of 2024.

“Restrictive capital and lending standards, along with high interest rates and construction costs, will keep construction volume well below the high seen in 2019 for some time,” he said. “The U.S. is expected to open nearly 34,000 upper midscale rooms in 2025—the same segment that leads the in-construction room count.”

AHLA’s 2025 State of the Industry report said hotels struggled in 2024 as costs outpaced revenue, slowing growth and hiring, but opportunities remain through guest spending, traveler shifts, and major events.

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