Shanghai, London, Dubai lead in openings

INTERNATIONAL REPORT – Among the major hotel markets around the world, Shanghai, London and Dubai are projected to open the most hotel rooms in 2026, according to CoStar pipeline data.

Europe

• 2025 openings (actual): 56,043 rooms 
• 2026 openings (projected): 123,789 rooms 

Leaders in projected 2026 room openings include London (5,822) and Istanbul (3,017).

Asia Pacific

• 2025 openings (actual): 189,471 rooms
• 2026 openings (projected): 251,234 rooms

Shanghai (7,457) and Beijing (3,991) are among the markets with the most projected room openings in the region this year.

Middle East & Africa

• 2025 openings (actual): 18,273 rooms
• 2026 openings (projected): 54,238 rooms

Top markets by projected 2026 room openings include Dubai (5,053) and Qatar (2,406).

Americas

• 2025 openings (actual): 99,056 rooms
• 2026 openings (projected): 132,479 rooms

The U.S. is led in projected room openings by New York City (4,852) and Phoenix (3,650). Elsewhere in the region, Cancun (1,839) is a top market for new inventory in 2026.