LONDON—The Asia/Pacific hotel development pipeline comprises 1,037 hotels totalling 255,208 rooms, according to the August 2010 STR Global Construction Pipeline Report released this week.
China reported the most rooms in the total active pipeline among the region’s countries with 134,832, followed by India with 47,477 rooms. China also reported the most rooms in the In Construction phase with 92,559 rooms.
Among the key markets in the region, Shanghai, China, ended the month with the most rooms in the total active pipeline with 13,227 rooms. Two other markets reported more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (9,138 rooms) and New Delhi, India (7,215 rooms).
Four of the seven Chain Scale segments each accounted for more than 15 percent of rooms in the total active pipeline: the Upscale segment (24.6 percent and 62,671 rooms); the Upper Upscale segment (24.4 percent and 62,153 rooms); the Unaffiliated segment (18.6 percent and 47,574 rooms); and the Luxury segment (17.7 percent and 45,246 rooms).
Asia/Pacific pipeline by Chain Scale segment for August 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
136,959
|
32,850
|
45,426
|
|
Upper Upscale
|
193,540
|
43,463
|
62,153
|
|
Upscale
|
247,068
|
41,009
|
62,671
|
|
Midscale w/ F&B
|
175,293
|
12,882
|
21,225
|
|
Midscale w/o F&B
|
27,382
|
1,943
|
5,673
|
|
Economy
|
104,629
|
4,961
|
10,666
|
|
Unaffiliated
|
1,531,451
|
30,896
|
47,574
|
|
Total
|
2,416,322
|
168,004
|
255,208
|
* 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.
Media contacts:
Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Communications Coordinator
rurie@str.com
+1 (615) 824-8664 ext. 3305
