LONDON—The Asia/Pacific hotel development pipeline includes 950 hotels comprising 241,020 rooms, according to the February 2010 STR Global Construction Pipeline Report released this week.
China ended the month with the largest number of rooms in the total active pipeline among the countries in the region with 126,798 rooms, followed by India with 43,258.
Among the key markets of the region, Shanghai, China, reported the largest number of rooms in the total active pipeline with 13,954. Three other markets ended the month with more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (7,929 rooms); New Delhi, India (6,962 rooms); and Beijing, China (6,594 rooms).
Among the Chain Scale segments, three of the seven segments accounted for more than 60 percent of rooms in the total active pipeline. The Upper Upscale and Upscale segments made up 23.4 percent of the total active pipeline with 56,350 and 56,468 rooms, respectively. The Unaffiliated segment made up 21.5 percent of the total active pipeline with 51,936 rooms.
Asia/Pacific pipeline by Chain Scale segment for February 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
134,033
|
29,960
|
40,773
|
|
Upper Upscale
|
194,764
|
44,401
|
56,350
|
|
Upscale
|
235,140
|
38,053
|
56,468
|
|
Midscale w/ F&B
|
166,142
|
14,760
|
22,131
|
|
Midscale w/o F&B
|
27,225
|
2,474
|
5,503
|
|
Economy
|
78,960
|
3,643
|
7,859
|
|
Unaffiliated
|
1,299,188
|
35,163
|
51,936
|
|
Total
|
2,135,452
|
168,454
|
241,020
|
* Includes those projects in the In Construction, Final Planning and Planning phases.
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