LONDON—The Europe hotel development pipeline comprises 908 hotels totaling 145,437 rooms, according to the April 2012 STR Global Construction Pipeline Report.
Year-to-date 2012, 82 properties have opened totalling 10,071 rooms. There are 197 more properties planned to open in 2012 with 30,851 rooms. The Upscale segment is expected to add the most rooms in the remainder of 2012 with 44 properties comprising 7,213 rooms, followed by the Unaffiliated segment (43 properties with 5,406 rooms) and the Upper Midscale segment (34 properties with 5,074 rooms).
In 2013, 297 properties are planned to open in the region with 49,468 rooms. The Upscale segment (67 properties with 11,728 rooms) and the Upper Midscale segment (72 properties with 11,320 rooms) are expected to add the largest number of rooms, followed by the Upper Upscale segment with 34 properties and 7,248 rooms.
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