LONDON—The Asia/Pacific hotel development pipeline comprises 1,227 hotels totalling 302,858 rooms, according to the May 2011 STR Global Construction Pipeline Report.
Year to date through 30 April 2011, 98 projects opened in the region with 15,007 rooms. There are 324 more projects expected to open in the remainder of 2011 with 73,430 rooms. In 2012, 424 projects are planned to open with 112,060 rooms.
Among the Chain Scale segments, the Upper Upscale segment is expected to open the largest number of rooms during the remainder of the year with 64 projects comprising 21,715 rooms, followed by the Upscale segment (75 projects with 16,353 rooms) and the Luxury segment (51 projects with 13,033 rooms).
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Konstanze Auernheimer
Director of Marketing & Analysis
STR Global
KAuernheimer@strglobal.com
+44 (0)207 922 1961
