Shanghai, London and Dubai among global leaders in new hotel room openings for 2026

ARLINGTON, Va. – 23 January 2026 – Among the major hotel markets around the world, Shanghai, London and Dubai are projected to open the most hotel rooms in 2026, according to pipeline data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets. 

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.   

For more information about the company and its products and services, please visit www.costargroup.com. 

News Media Contact
Karolina Capova
Senior Media Relations Specialist
kcapova@costar.com 

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 143 million average monthly unique visitors in the third 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.

This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations or beliefs regarding the future. These statements are based upon current beliefs and are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. The following factors, among others, could cause or contribute to such differences: the risk that projected global new hotel openings are inaccurate or that projected leading markets across Europe, Asia Pacific, Middle East & Africa, and the Americas are inaccurate. All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.