New England Hotel Development, Construction & Transactions

New England's hotel market spans six states—Connecticut, Massachusetts, New Hampshire, Vermont, Maine, and Rhode Island—with development activity concentrated in the upper-midscale and upscale segments. Lodging Development is tracking 58 projects totaling 6,443 rooms across the region, alongside recent openings and an active transactions market. Coastal Maine and greater Boston submarkets show particular pipeline depth, while transaction activity across the region has topped $900 million in disclosed volume over the past year and a half, reflecting sustained investor interest in New England's lodging landscape.

Among the 58 projects currently tracked by Lodging Development across New England, representing 6,443 rooms, the pipeline is led by upper-midscale and upscale development, which together account for 34 of the tracked projects. Upper-upscale properties also make up a meaningful share of the pipeline. Notable projects include The Strider Hotel, Curio Collection by Hilton, a 175-room upper-upscale property from NB Development Group currently in construction, and the 215-room Hampton Inn & Suites | LivSmart Studios South Portland, developed by New Gen Hospitality Group and in early planning.

Also tracked are the AC Hotel at Suffolk Downs near Boston and the Greenfield Hotel, a 92-room midscale project from DVR Development in early planning.

Lodging Development has tracked 18 hotel openings across New England over the past 24 months, totaling 2,398 rooms. The most recent addition, the 148-room Residence Inn | Moxy Portland Thompson's Point, opened in mid-2026, following closely behind the 145-room TownePlace Suites/Fairfield Inn & Suites East Hartford.

Among the largest openings tracked is the 246-room Atlas Hotel, an upper-upscale property that debuted in early 2026. Additional openings include the AC Hotel Burlington and Home2 Suites Kittery, both of which opened in fall 2025.

In recent transaction activity across New England, Lodging Development tracked 46 hotel sales over the 18-month period ending six months prior to this report, with disclosed pricing—reflecting transactions of $10 million and above—totaling approximately $914 million.

The largest transaction among those tracked was the sale of the 227-room Sheraton Portland at Sable Oaks for $21.6 million, acquired by Colwen Management. Other notable transactions include the Sonesta Select Boston Lowell Chelmsford, which traded for just under $10 million, and the SpringHill Suites Mystic Waterford in Connecticut. Together these transactions point to sustained investor activity spanning the region's coastal and urban submarkets.