Phoenix is projected to open 3,650 new hotel rooms in 2026, ranking near the top nationally

Phoenix near the top of the 2026 U.S. hotel supply expansion list

Phoenix is projected to add 3,650 new hotel rooms in 2026, placing it among the leading U.S. markets for expected room openings next year. Only New York City is projected to open more rooms in 2026, with 4,852. Dallas follows closely behind Phoenix, with 3,558 rooms expected to come online.

The projections reflect hotels scheduled to open during the 2026 calendar year and are based on active development pipelines tracked across major U.S. lodging markets.

How Phoenix compares with other major markets

The top U.S. markets by projected 2026 room openings are concentrated in a handful of large metros, with a notable gap after the top three:

• New York City: 4,852 projected room openings
• Phoenix: 3,650 projected room openings
• Dallas: 3,558 projected room openings
• Orlando: 1,988 projected room openings
• Miami: 1,954 projected room openings

Nationally, 2026 is projected to bring a substantial increase in new supply: 891 hotels and 99,011 rooms are expected to open across the United States. For context, 2025 is tracked at 749 hotel openings totaling 79,116 rooms, and 2027 is projected higher at 1,688 hotels and 191,926 rooms.

What the pipeline suggests about development momentum

Phoenix’s position near the top of the 2026 rankings aligns with broader indications that the metro has maintained a sizable hotel development pipeline in recent quarterly construction reports. Pipeline size reflects not only properties under construction, but also projects in later planning stages that are advancing toward delivery.

While projected openings can shift due to financing, permitting, labor conditions, and construction timelines, the scale of scheduled 2026 deliveries places Phoenix in a small group of markets expected to see large year-over-year increases in available hotel rooms.

Across U.S. markets, scheduled 2026 openings are expected to reach levels comparable with pre-pandemic norms, following several years of uneven development and shifting travel patterns.

What to watch as 2026 approaches

For Phoenix, the key indicator to monitor through 2026 will be the balance between new room supply and demand drivers such as convention bookings, seasonal leisure travel, major events, and business activity. The pace of actual openings—rather than scheduled openings—will also depend on whether projects deliver on time or are delayed into 2027.

As of mid-January 2026, Phoenix is positioned to be one of the country’s largest hotel growth markets by new rooms delivered during the year.