LONDON—The Asia/Pacific hotel development pipeline includes 956 hotels comprising 232,460 rooms, according to the December 2009 STR Global Construction Pipeline Report released this week.
Among the key markets, Shanghai, China, ended the month with the most rooms in the total active pipeline with 13,723 rooms. Bangkok, Thailand, followed with 8,849 rooms in the total active pipeline. Two other markets ended the month with more than 5,000 rooms in the total active pipeline: New Delhi, India (6,604 rooms), and Beijing, China (6,089 rooms).
Among the Chain Scale segments, three of the seven segments each accounted for 20 percent of the total active pipeline. The Upscale segment made up 23.4 percent of rooms in the total active pipeline with 54,295 rooms. The Upper Upscale segment accounted for 22.5 percent of the rooms in the total active pipeline with 52,305 rooms. The Unaffiliated segment made up 20.5 percent of rooms with 47,635 rooms.
Asia/Pacific pipeline by Chain Scale segment for December 2009 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
136,961
|
27,616
|
40,798
|
|
Upper Upscale
|
181,752
|
42,619
|
52,305
|
|
Upscale
|
236,173
|
37,416
|
54,295
|
|
Midscale w/ F&B
|
167,374
|
15,093
|
22,386
|
|
Midscale w/o F&B
|
24,956
|
2,358
|
5,659
|
|
Economy
|
82,086
|
3,660
|
9,382
|
|
Unaffiliated
|
1,270,107
|
30,281
|
47,635
|
|
Total
|
2,099,409
|
159,043
|
232,460
|
* 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 and HotelNewsNow.com. For more information, please visit www.strglobal.com.
Media contacts:
Jeff Higley
Vice President, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318
Rachael Spann
Communications Coordinator
spann@str.com
+1 (615) 824-8664 ext. 3305
