Extended stay hotels now make up 40% of the U.S. hotel construction pipeline
Published . Updated .
Lodging Econometrics' Q3 2026 data: extended stay is 40% of U.S. hotel projects, early plans are thinning, and conversions and luxury are growing.
Directly affected
- No company is named in this report.
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+2.3% 30d
Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “hotel” (travel) in this story.
- MAR Marriott International+4.9% 8d
Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “hotel” (travel) in this story.
- BKNG Booking Holdings-12.1% 30d
Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “hotel” (travel) in this story.
- RCL Royal Caribbean Cruises+23.2% 30d
Royal Caribbean Cruises (water transportation): travel firms move with tourism demand. Linked by “hotel” (travel) in this story.
- HLT Hilton Worldwide Holdings+16.7% 30d
Hilton Worldwide Holdings (hotels and motels): travel firms move with tourism demand. Linked by “hotel” (travel) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLYNo price data for this ticker | — | — | — | — | — | — | — |
| MARNo price data for this ticker | — | — | — | — | — | — | — |
| BKNGNo price data for this ticker | — | — | — | — | — | — | — |
| RCLNo price data for this ticker | — | — | — | — | — | — | — |
| HLTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Extended stay hotels now make up 40% of the U.S. hotel construction pipeline MarketScale
Source: MarketScale
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna sold Booking Holdings (BKNG) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 37 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Booking Holdings (BKNG) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 51 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Booking Holdings (BKNG), worth $250,001 - $500,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Royal Caribbean Cruises (RCL), worth $100,001 - $250,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Hilton Worldwide Holdings (HLT), worth $1,001 - $15,000 on 24 Aug 2026. That is 69 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLY)
Companies mentioned with this story
- XLY Select Sector Spdr Tr
Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline.” Reason on file: Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “hotel” (travel) in this story
- MAR Marriott International
For “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline,” Marriott International (MAR) is linked, with no stored direction, medium confidence. Reason on file: Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “hotel” (travel) in this story
- BKNG Booking Holdings
In “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline,” Booking Holdings (BKNG) is linked, with no stored direction, medium confidence. Reason on file: Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “hotel” (travel) in this story
- RCL Royal Caribbean Cruises
Royal Caribbean Cruises (RCL) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline.” Reason on file: Royal Caribbean Cruises (water transportation): travel firms move with tourism demand. Linked by “hotel” (travel) in this story
- HLT Hilton Worldwide Holdings
For “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline,” Hilton Worldwide Holdings (HLT) is linked, with no stored direction, medium confidence. Reason on file: Hilton Worldwide Holdings (hotels and motels): travel firms move with tourism demand. Linked by “hotel” (travel) in this story
Select Sector Spdr Tr (XLY) and the energy link
On 1 Nov 2026, “Extended stay hotels now make up 40% of the U.S. hotel construction pipeline” is the story that connects Select Sector Spdr Tr (XLY) to Energy.
Select Sector Spdr Tr (XLY) is on the page because Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “hotel” (travel) in this story
Also listed, Marriott International (MAR): Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “hotel” (travel) in this story
Price levels for Select Sector Spdr Tr (XLY)
BKNG traded between 146.28 and 168.48 across 20 sessions. The latest close on file is 148.13. MAR traded between 332.53 and 354.63 across 6 sessions. The latest close on file is 352.03. XLY traded between 110.58 and 116.77 across 19 sessions. The latest close on file is 115.38.
How solid the energy case looks
40 out of 100
“Extended stay hotels now make up 40% of the U.S. hotel construction pipeline” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.