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409. ADR and RevPAR Performance of Hotels in Portugal and Spain
According to data from STR Global, hotels in southern Europe reported a demand increase of 4.2% year-to-date October 2014, with the highest occupancy change (+3.6 percent) of all sub-regions in Europe. As supply showed low year-on-year growth of 0.6%, ADR +3.7% and RevPAR +7.4% were able to pick up and display a positive performance outlook for year-end 2014 and the start of 2015.
410. Hotels in Brazil Experience Declines in RevPAR
According to data from STR Global, hotels in Brazil have experienced recent declines in RevPAR. The country’s performance is following a similar trend observed by other countries that have hosted the FIFA World Cup, including Germany and South Africa.
411. 582,271 Hotel Rooms in 2,555 Projects Under Contract in Asia Pacific
According to STR’s September 2016 Pipeline Report, there are 582,271 hotel rooms in 2,555 projects Under Contract in the Asia Pacific region. The total represents a 4.6% increase in rooms Under Contract compared with September 2015. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage
412. 576,712 Hotel Rooms in 2,508 Projects Under Contract in Asia Pacific Region
According to STR’s June 2016 Pipeline Report there are 576,712 hotel rooms in 2,508 projects Under Contract in the Asia Pacific region. The Upper Upscale segment was the only other segment to account for 20.0% or more rooms Under Contract (24.7% with 142,468 rooms) or In Construction (23.2% with 57,800 rooms).
413. 2,379 Hotels / 557,133 Rooms Under Contract in Asia Pacific
According to the July 2015 STR Global Construction Pipeline Report, there are 2,379 hotels totalling 557,133 rooms Under Contract in the Asia Pacific region. This represents a 6.3% increase in rooms Under Contract compared with July 2014, and a 0.8% year-on-year decrease in rooms under construction.
414. 693 Hotels / 176,612 Rooms Under Contract in MEA
According to the July 2015 STR Global Construction Pipeline Report, there are 693 hotels totalling 176,612 rooms Under Contract in the Middle East/Africa region. This represents a 19.5% increase in rooms Under Contract compared with July 2014, and a 45.4% year-on-year increase in rooms under construction.
415. Asia Pacific Hotel Construction Up 27% in July 2019
STR’s hotel pipeline data for the Asia Pacific region shows 2,109 projects accounting for 470,650 rooms in construction as of July 2019. This represents a 27.0% year-on-year increase in the number of rooms in the final phase of the development pipeline.
416. 598,952 Hotel Rooms in 2,670 Projects Under Contract in APAC
According to STR’s January 2017 Pipeline Report, there are 598,952 hotel rooms in 2,670 projects Under Contract in the Asia Pacific region. The total represents a 2.2% increase in rooms Under Contract compared with January 2016.

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