ARLINGTON, Va. – 22 October 2025 – At the end of the third quarter, Europe was the only world region to show an increase in hotel construction and overall pipeline activity, according to CoStar’s September 2025 pipeline data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Europe
- In construction: 171,589 rooms (+5.2%)
- Final Planning: 71,502 rooms (-18.5%)
- Planning: 185,254 rooms (+14.2%)
- Total Under Contract: 428,345 (+3.7%)
The United Kingdom leads Europe in total rooms in construction (24,540), closely followed by Germany (22,622).
Asia Pacific
- In construction: 492,663 rooms (-3.2%)
- Final Planning: 42,911 rooms (-22.6%)
- Planning: 415,446 rooms (+6.6%)
- Total Under Contract: 951,020 (-0.3%)
Among countries in the region, China (280,577) leads in construction activity, followed by India (41,711) and Vietnam (39,078).
Middle East & Africa
- In construction: 99,895 rooms (-9.4%)
- Final Planning: 19,396 rooms (-37.3%)
- Planning: 94,485 rooms (+10.9%)
- Total Under Contract: 213,776 (-5.6%)
Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (44,771) and the United Arab Emirates (14,685) have the most rooms in construction.
Americas
- In construction: 190,842 rooms (-8.8%)
- Final Planning: 292,538 rooms (-4.1%)
- Planning: 390,345 rooms (+0.8%)
- Total Under Contract: 873,725 (-3.1%)
The U.S. (138,922) holds the majority of rooms in construction in the region. After the U.S., Mexico (14,290), Canada (8,988) and Brazil (5,481) show the highest number of rooms in construction.
For more information about the company and its products and services, please visit www.costargroup.com.
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Karolina Capova
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About CoStar Group
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; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. 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 141 million average monthly unique visitors in the second 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. For more information, visit CoStarGroup.com.