LONDON—The Asia/Pacific hotel development pipeline includes 970 hotels with 232,502 rooms, according to the September 2009 STR Global Construction Pipeline Report released this week.
Among the key markets, Shanghai, China, reported the most rooms in total active pipeline with 12,992. New Delhi, India, and Beijing, China, followed Shanghai, with 6,577 rooms and 6,267 rooms, respectively. Brisbane, Australia, reported the smallest number of rooms in the total active pipeline with 157 rooms.
Shanghai reported the most rooms in the In Construction phase with 10,050 rooms, followed by New Delhi (4,533 rooms), Beijing (4,388 rooms) and Bali, Indonesia (3,228 rooms).
Within the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of the total active pipeline with 24.0 percent of rooms (55,903 rooms), followed by the Upscale segment with 23.6 percent of rooms (54,916 rooms). The Unaffiliated segment (19.4 percent and 45,067 rooms) and the Luxury segment (16.7 percent and 38,906) also reported a large amount of rooms in the total active pipeline. The Midscale without Food and Beverage segment reported the smallest portion of rooms in the total active pipeline with 2.6 percent (6,066 rooms).
Asia/Pacific pipeline by Chain Scale segment for September 2009 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
133,828
|
26,942
|
38,906
|
|
Upper Upscale
|
178,714
|
47,243
|
55,903
|
|
Upscale
|
232,869
|
39,757
|
54,916
|
|
Midscale w/ F&B
|
165,409
|
14,563
|
21,175
|
|
Midscale w/o F&B
|
24,437
|
2,419
|
6,066
|
|
Economy
|
81,601
|
5,135
|
10,469
|
|
Unaffiliated
|
1,055,312
|
29,572
|
45,067
|
|
Total
|
1,872,170
|
165,631
|
232,502
|
* Includes those projects in the In Construction, Final Planning and Planning phases.
About STR & STR Global:
For more than 20 years, Smith Travel Research, Inc. (STR) has been the recognized leader for hotel industry benchmarking and research. STR and STR Global offer monthly, weekly and daily STAR benchmarking reports to more than 38,000 hotel clients, representing over 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com or www.HotelNewsNow.com.
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