US Hotel Construction Pipeline Hits Historic New Record

Construction continues on The Grand, a luxury mixed-use development designed by architect Frank Gehry and located across the street from the Walt Disney Concert Hall, in Los Angeles on April 30, 2020. Robyn Beck/AFP via Getty Images

The U.S. hotel construction pipeline hit historic new heights in the fourth quarter of 2024, with Dallas leading the way, according to a new report.

The construction boom comes as hotels expand their brands to cater to consumers across different income levels, and as the Airbnb market continues to navigate changes.