
The global hospitality pipeline in May 2025 reflects stable progress across key global regions with variations in focus and intensity depending on local market dynamics. An important axe is also the market maturity of each region as well as rhythm of development and the investor confidence.
The month was marked by a mix of new openings, renovation efforts, and project signings, indicating ongoing adjustments to shifting travel patterns and investment strategies.
In the United States, the pace of hotel activity remains strong. Numerous openings have been recorded this month, adding to an already dynamic start to the year. In addition, several future openings are scheduled across key urban and regional markets, underlining a resilient appetite for development in both gateway cities and secondary destinations.
Europe continues to present a balanced profile. The market saw a comparable number of renovations as last month, supporting a broader trend of asset repositioning. Simultaneously, multiple hotel openings were recorded, especially in Southern Europe. Notably, the Northern part of the continent registered a few new signings, pointing to selective growth strategies in mature economies.
In the Middle East, hotel development activity remains focused on signings, with several new projects announced this month, something that shows that the region continues to be an attractive destination for large-scale investments.
Asia shows consistent development interest, with a combination of openings and signings across Southeast Asia and India,. This mirrors the previous month’s trend and signals ongoing investor confidence in long-term market potential, supported by demographic growth and increasing domestic demand.
Overall, the hotel investment landscape in May reflects region-specific dynamics: robust pipeline acceleration in the Americas, targeted renovation and selective signing strategies in Europe, sustained development ambition in the Middle East, and continued expansion in Asia. These patterns suggest a cautious yet optimistic sentiment across global stakeholders, adapting to market cycles and shifting demand structures.