Hotel pipeline activity up globally, except in the Americas

Print

 

ARLINGTON, Va. – 1 May 2026 – At the end of the first quarter, the Americas was the only world region to show a decrease in hotel pipeline activity, according to CoStar’s March 2026 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Europe

• In construction: 185,419 rooms (+6.6%)
• Final Planning: 77,253 rooms (0.0%)
• Planning: 193,351 rooms (+9.7%)
• Total Under Contract: 456,023 (+6.7%)

The United Kingdom led Europe in total rooms in construction (26,458), closely followed by Germany (23,748).

Asia Pacific

• In construction: 492,970 rooms (-7.7%)
• Final Planning: 74,487 rooms (+70.2%)
• Planning: 415,172 rooms (+6.5%)
• Total Under Contract: 982,629 (+1.6%)

Among countries in the region, China (278,283) led in construction activity, followed by Vietnam (43,858) and India (43,290).

Middle East & Africa

• In construction: 107,653 rooms (+4.5%)
• Final Planning: 29,290 rooms (+3.8%)
• Planning: 94,998 rooms (-2.9%)
• Total Under Contract: 231,941 (+1.3%)

Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (51,513) and the United Arab Emirates (16,072) have the most rooms in construction.

Americas

• In construction: 193,145 rooms (-2.1%)
• Final Planning: 282,246 rooms (-7.9%)
• Planning: 402,723 rooms (-5.0%)
• Total Under Contract: 878,114 (-5.3%)

The U.S. (333,467) holds the majority of rooms in construction in the region. After the U.S., Mexico (15,267), Canada (9,589) and the Dominican Republic (6,190) show the highest number of rooms in construction.

For more information about the company and its products and services, please visit www.costargroup.com.