STR Reports Asia Pacific Hotel Development Pipeline for February 2014

According to the February 2014 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 2,049 hotels totalling 453,790 rooms.

The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the markets in the region, Shanghai, China, reported the largest number of rooms under construction with 8,560 rooms.

Five other markets reported more than 4,000 rooms under construction: Manila, Philippines (6,405 rooms); Delhi-NCR, India (5,721 rooms); Jakarta, Indonesia (5,634 rooms); Chengdu, China (5,088 rooms); and Bali, Indonesia (4,686 rooms).