This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. The total U.S. hotel construction pipeline stayed relatively flat year over year in the third quarter of 2025, while brand conversions saw record-high project totals, according to the Q3 2025 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics. The overall national project pipeline remained somewhat stable at 6,205 projects compared to last year’s Q3, ...