LONDON—The Asia/Pacific hotel development pipeline comprises 1,004 hotels totalling 253,815 rooms, according to the May 2010 STR Global Construction Pipeline Report released this week.
Among the countries in the region, China reported the largest number of rooms in the total active pipeline (136,514 rooms) and the largest number of rooms in the In Construction phase (96,691 rooms). India followed with 46,613 rooms in the total active pipeline and 30,147 rooms in the In Construction phase.
Among the key markets, Shanghai, China, ended the month with the largest number of rooms in the total active pipeline (13,919 rooms), followed by Bangkok, Thailand (9,498 rooms), and New Delhi, India (7,436 rooms). Shanghai (11,350 rooms), Bangkok (5,599 rooms) and New Delhi (5,477 rooms) also reported the most rooms in the In Construction phase.
Four of the seven Chain Scale segments each accounted for more than 15 percent of rooms in the total active pipeline. The Upper Upscale segment made up 25.1 percent of the total active pipeline with 63,777 rooms, followed by the Upscale segment (23.8 percent with 60,324 rooms), the Luxury segment (18.4 percent with 46,582 rooms) and the Unaffiliated segment (18.4 percent with 46,656 rooms).
Asia/Pacific pipeline by Chain Scale segment for May 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
135,714
|
34,953
|
46,582
|
|
Upper Upscale
|
195,939
|
45,025
|
63,777
|
|
Upscale
|
241,015
|
40,317
|
60,324
|
|
Midscale w/ F&B
|
173,299
|
14,326
|
21,794
|
|
Midscale w/o F&B
|
27,230
|
2,660
|
5,909
|
|
Economy
|
87,792
|
4,670
|
8,773
|
|
Unaffiliated
|
1,351,505
|
32,029
|
46,656
|
|
Total
|
2,212,494
|
173,980
|
253,815
|
* 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 Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.strglobal.com.
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