Even with challenges like political uncertainty, difficult financing, and pending tariffs, the hotel construction pipeline has reached an all-time high—up 4 percent year over year—with 429,000 rooms forecasted for 2025 and 2.4 million in the pipeline, according to Bruce Ford of Lodging Econometrics.

So where—and why—is this development happening? Click below to uncover a handful of fast-growing destinations and the properties fueling the momentum. Some hotspots are expected—like Dubai and Mexico—while others places, such as Bodrum and Budapest, might take you by surprise.

Dubai

Greece

Mexico

Southern California

Budapest

Bodrum

São Paulo

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