Raleigh-Durham-Cary-Chapel Hill Area Hotel Development, Construction & Transactions

The Raleigh-Durham-Cary-Chapel Hill metro area, formed by the combined Durham-Chapel Hill and Raleigh-Cary MSAs across seven counties including Wake, Durham, and Orange, continues to see steady hotel development activity spanning communities from Cary and Apex to Durham's Research Triangle Park. Lodging Development is currently tracking 22 projects totaling 4,091 rooms in the pipeline, alongside seven recent openings adding nearly 1,000 rooms and eight notable transactions, reflecting sustained interest from both corporate and leisure travel demand generators across the region's suburban and urban submarkets.

Among the 22 projects currently tracked by Lodging Development in the Raleigh-Durham-Cary-Chapel Hill area, representing 4,091 rooms, the pipeline is led by Upscale-tier development, which accounts for 10 projects and 1,545 rooms, followed closely by Upper Upscale properties at six projects and 1,571 rooms. The largest project tracked is the 600-room Omni Hotel Raleigh Convention Center, currently in construction under Omni Hotels & Resorts. Renaissance Durham Hub RTP, a 250-room Upper Upscale project developed by Alamo Manhattan, is advancing through final planning in the Research Triangle Park submarket.

Other notable projects include the 249-room Courtyard | Residence Inn Cary at the Arboretum from Daly Seven and the 158-room Hampton Inn Alston Town Center by Parks Hospitality Group, both in construction. Upper Midscale projects add further depth to the pipeline, totaling five projects and 722 rooms.

Lodging Development has tracked seven hotel openings in the Raleigh-Durham-Cary-Chapel Hill area over the past 24 months, totaling 957 rooms. The most recent, the 124-room Residence Inn Cary Raleigh, opened in mid-2026. The largest opening in the window was the 261-room Tempo by Hilton | Homewood Suites Raleigh, which debuted in late 2024.

Other recent additions include the SpringHill Suites Raleigh Garner and Hyatt House Raleigh/Downtown, both delivering Upscale-tier rooms, alongside Upper Midscale properties such as the Home2 Suites Smithfield Selma and Hampton Inn & Suites Mosaic at Chatham Park.

Over the 18-month window ending six months prior to this report, Lodging Development tracked eight hotel transactions of $10 million or more in the Raleigh-Durham-Cary-Chapel Hill area. Known sale prices across five of these deals totaled roughly $125.5 million, while an additional three transactions were valued using loan-derived estimates totaling approximately $24.8 million.

The largest disclosed sale was the 94-room SpringHill Suites Raleigh Apex, which traded for $18.7 million to The Focus Properties in late 2025. Other recent activity in the window includes the 99-room Staybridge Suites Durham - Chapel Hill - RTP, which sold for $11.25 million in early 2026, and the Sonesta ES Suites Raleigh Cary, which changed hands for $10 million in late 2025.