Everyone keeps asking the same question: Is hotel development slowing down? The global numbers say something very different — and far more nuanced. I checked in with Bruce Ford of Lodging Econometrics for a worldwide pipeline update that cuts through assumptions and looks at what's really happening across regions, segments, and timelines. On #NoVacancyNews, Bruce explains why room counts remain historically high, why developers deliberately push openings into later years, and why renovations and conversions now matter as much as ground-up construction. This conversation focuses less on hype and more on how capital actually behaves when markets tighten. A big thanks to Actabl — Actabl gives you the power to profit. Visit Actabl.com. What the data actually shows: 🌍: Global pipeline remains massive — but not evenly distributed 🏗️: Projects already under construction tell a different story than announcements 🇨🇳: China still dominates room count, but activity continues to normalize 🏨: Luxury holds firm while other segments feel pressure 🔄: Renovations and conversions reshape supply faster than new builds 📆: Developers delay openings by choice, not panic 🎢: Orlando and Dallas attract momentum for very different reasons