This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
STR Global: Asia/Pac. pipeline for Dec. 2010
January 19 2011

The Asia/Pacific hotel development pipeline comprises 1,064 hotels, according to the December 2010 STR Global Construction Pipeline Report.

Highlights
  • The region's pipeline included 262,662 rooms.
  • The Upscale segment made up the largest amount of rooms in the total active pipeline.
  • The Midscale without Food and Beverage segment accounted for the smallest portion of rooms in the region's total active pipeline.
HNN Newswire

LONDON—The Asia/Pacific hotel development pipeline comprises 1,064 hotels totalling 262,662 rooms, according to the December 2010 STR Global Construction Pipeline Report released this week.

“Similar to Europe, Upscale hotels make up the biggest amount of rooms in the Asia/Pacific pipeline”, said Elizabeth Randall, managing director of STR Global. “Upscale projects are followed by projects in the Upper Upscale and then Luxury segments, underlining the strong focus across the region to bring the higher-end hotel brands into the main markets before diversifying into a broader offering in more secondary locations”.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline with 25.0 percent and 65,662 rooms, followed by the Upper Upscale segment (23.3 percent with 61,186 rooms) and the Luxury segment (18.5 percent with 48,548 rooms). The Midscale without Food and Beverage segment (2.7 percent with 7,176 rooms) and the Economy segment (3.2 percent with 8,515 rooms) made up the smallest portion of rooms in the total active pipeline.

 

Asia/Pacific pipeline by Chain Scale segment for December 2010 (number of rooms):

Chain Scale

Existing Supply

In Construction

Total Active Pipeline*

Luxury

117,387

32,623

48,548

Upper Upscale

202,130

42,456

61,186

Upscale

274,183

42,036

65,662

Midscale w/ F&B

197,106

10,251

23,519

Midscale w/o F&B

36,244

2,365

7,176

Economy

98,906

3,803

8,515

Unaffiliated

1,600,920

30,273

48,056

Total

2,526,876

163,807

262,662

* Includes those projects in the In Construction, Final Planning and Planning phases. 

 

About STR Global

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.strglobal.com.

Media contacts:

Jeff Higley
VP, Digital Media & Communications

jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Communications Coordinator

rurie@str.com
+1 (615) 824-8664 ext. 3305

Konstanze Auernheimer
Director of Marketing & Analysis
STR Global

KAuernheimer@strglobal.com
+44 (0)207 922 1961
 
 

 

COMMENTS   Show All
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff

TRENDING
Tiered Wi-Fi emerges as new industry model
Hilton has right idea with new brand
Owners talk OTAs, branding, living wage
Red Roof goes ‘upscale economy’ with Plus+
Development faces hurdles as upswing nears
CitizenM turns to Facebook to promote opening
VIDEO
Hunter Hotel Conference postgame wrap
Bazin outlines Accor investment strategy
Accor's Bazin talks growth
Sébastien Bazin's view from the top
Chris Nassetta talks lifestyle brand
LATEST NEWS
A West Coast beachhead for Waldorf Astoria
Originators: Hotel debt volumes rising
Haase leveraging franchise past at Value Place
Steady gas prices portend strong summer
Argentina faces hurdles amid muted performance
Hotel investors dive back into Spain
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy