Texas Hotel Development, Construction & Transactions

Texas pairs sheer pipeline volume with a broad spread of hotel types, from convention-scale projects to select-service prototypes. Lodging Development currently tracks 276 projects totaling 39,299 rooms in the state, along with 123 recent openings representing 14,238 rooms. Transaction activity is equally substantial, with 188 transactions tracked during the most recent 18-month window. Upscale and upper midscale projects account for most of the pipeline by count, while a handful of large-format convention and resort developments add significant room volume to the state's totals.

Among the projects currently tracked by Lodging Development in Texas, 276 projects representing 39,299 rooms are in the pipeline. Upscale leads by project count with 93 projects, followed by upper midscale with 75 and upper upscale with 41, while midscale accounts for 28 and economy for 9. Several large-format projects stand out. The 1,000-room Circuit of the Americas Hotel & Convention Center, developed by RIDA Development Corp., is in final planning, and the 900-room Kalahari Resort Allen is in planning. Loews Hotels has the 507-room Loews Americana Hotel in Arlington under construction, and Dimension Hospitality's 301-room JW Marriott San Antonio Riverwalk is among the ten luxury projects tracked.

Lodging Development has tracked 123 hotel openings in Texas over the past 24 months, totaling 14,238 rooms. The most recent include the 350-room AC Hotel | Moxy Dallas Uptown, which opened in October 2026, and the luxury 1 Hotel Austin Waterline, a 252-room property that opened in early September. Universal Kids Resort Hotel added 300 rooms in July, and the 171-room Residence Inn San Antonio Riverwalk followed later that month. Select-service additions are also well represented, including Fairfield Inn & Suites Cedar Park Leander and Tru by Hilton Austin University Capitol District.

The transaction window for this page covers the 18-month period ending six months before the current date, during which Lodging Development tracked 188 transactions in Texas. Based on documented sale prices and loan data, Lodging Development estimates total transaction volume in Texas at approximately $1.78 billion over the past 18 months. This figure incorporates actual sale prices where available and values derived from recorded loan amounts for the remaining transactions, applying an 80% loan-to-value ratio based on national hotel transaction data. Because 69 transactions lack sufficient data, they are not reflected in the estimate. Notable transactions include The Moran Hotel, acquired by RockBridge Capital and MetroNational Corp., and Thompson San Antonio - Riverwalk, acquired by Tannenbaum Capital Group.