STR: Europe hotel pipeline for November 2016
 
STR: Europe hotel pipeline for November 2016
16 DECEMBER 2016 7:51 AM

Europe reported 156,368 rooms in 1,017 projects under contract in November 2016, according to STR's pipeline report for the month. 

LONDON—STR’s November 2016 Pipeline Report shows 156,368 rooms in 1,017 projects Under Contract in Europe. The total represents a 13.3% increase in rooms Under Contract compared with November 2015.

Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Europe reported 68,496 rooms in 439 projects In Construction for the month. Based on number of rooms, that is a 23.1% increase in year-over-year comparisons.

Among the countries in the region, the United Kingdom reported the most rooms In Construction with 17,551 rooms in 149 hotels. Three additional countries reported more than 5,000 rooms In Construction: Germany (11,418 rooms in 54 hotels), Turkey (8,369 rooms in 50 hotels) and Russia (7,452 rooms in 38 hotels).

International Media Contacts:

Alex Anstett
Media & Communications Coordinator
aanstett@str.com
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
media@str.com
+44 (0)207 922 1965

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at sricca@hotelnewsnow.com.

2 Comments

  • Lynda December 24, 2016 7:30 AM Reply

    Halujlleah! I needed this-you're my savior.

  • Lynda December 24, 2016 7:30 AM Reply

    Halujlleah! I needed this-you're my savior.

Comments that include blatant advertisements or links to products or company websites 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.