More than 2,500 luxury hotels with up to 540,000 rooms will open across the world during 2013, according to hotel data company Top Hotel Projects.
China is set to experience the most openings with 270 planned new hotels this year.
Asia will see the opening of 1,058 luxury hotels, while Europe has 848 new hotels launching.
North America will also see a host of first-class hotels pop-up with 451 new openings, featuring more than 114,000 guestrooms.
The largest resorts are being developed in the US with the opening of Palazzo del Lago, a 2,200-room resort operated by InterContinental, opening in Orlando, Florida in next month.
Hilton hotels will also open a 2,900-room resort in Hawaii.