The Asia Pacific hotel development pipeline
includes 997 hotels with 239,313 rooms, according to the August
2009 STR Global Construction Pipeline Report.
“Hotel
construction continues to be strong in the region,” said Duane
Vinson, vice president at STR. “The amount of development seen in
China and India is truly astounding, with nearly 170,000 rooms in
the active pipeline. Thailand and Bangkok specifically are
experiencing heavy development with over 6,000 rooms in the In
Construction phase and approximately 11,000 in the active
pipeline.”
Among the key markets, Shanghai, China, reported
the most rooms in total active pipeline with 14,944, followed by
Bangkok, Thailand, with 9,687 rooms. Beijing, China, also reported
more than 5,000 rooms in the total active pipeline with 6,536
rooms.
Five markets reported less than 500 rooms: Melbourne,
Australia (398 rooms); Seoul, South Korea (344 rooms); Osaka,
Japan (274 rooms); Tokyo, Japan (160 rooms); and Brisbane,
Australia (156 rooms).
Within the Chain-Scale segments, the
Upper Upscale segment accounted for the largest portion of the
total active pipeline with 23.9% of rooms (57,180) rooms,
followed by the Upscale segment with 23.6% of rooms (56,531
rooms).
The Economy segment and the Midscale without Food and
Beverage segment accounted for the smallest percentage of the
total active pipeline. The Economy segment reported 4.5% of
total rooms (10,839 rooms), and the Midscale without Food and
Beverage segment reported 2.6% (6,126 rooms).
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August 2009
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