2,390 Hotels Comprising 537,726 Rooms Under Contract in Asia Pacific Pipeline

According to STR, there were 2,390 hotels comprising 537,726 rooms Under Contract in the Asia Pacific in December 2014.

The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms Under Contract (29.4% with 158,356 rooms). Two other segments each made up more than 15.0% of rooms Under Contract: Upper Upscale (22.9% with 123,154 rooms) and Luxury (16.1% with 86,702 rooms).

The Upscale segment accounted for the largest portion of rooms In Construction (28.8% with 73,145 rooms), followed by the Upper Upscale segment (26.1% with 66,173 rooms).