According to the April 2010
STR Global Construction Pipeline Report released this week, there
are 1,004 hotels totalling 252,584 rooms in the Asia Pacific hotel
development pipeline.
Among the countries in the
region, China accounted for more than 50% of the total active
pipeline, reporting 133,062 rooms. The country also reported the
most rooms in the In Construction phase with 96,431 rooms. India
reported 45,583 rooms in the total active pipeline, followed by
Thailand (16,018 rooms) and Vietnam (11,084 rooms).
Among the key
markets, Shanghai, China, reported the most rooms in the total
active pipeline (14,289) and in the In Construction phase (11,720). Bangkok, Thailand, ended the month with 9,676 rooms in
the total active pipeline and 5,777 rooms in the In Construction
phase. New Delhi, India, followed with 7,183 rooms in the total
active pipeline and 5,424 rooms in the In Construction phase.
Two of the seven Chain Scale segments accounted for more than
20% of rooms in the total active pipeline. The Upper Upscale
segment made up 24.6% of the total active pipeline with 62,094
rooms and the Upscale segment accounted for 23.7% with 59,777
rooms.
Caribbean and Mexico Hotel
Pipeline for
April 2010
The
Caribbean / Mexico hotel development pipeline comprises 133 hotels
totaling 17,018 rooms.
Mexico
reported the most rooms in the total active pipeline (10,852
rooms) and in the In Construction phase (5,336) among the
countries of the region. The Dominican Republic (1,874 rooms) and
Puerto Rico (1,445 rooms) also reported a significant number of
rooms in the total active pipeline.
Two of the seven Chain
Scale segments, accounted for more than 50% of the total active
pipeline combined. The Midscale without Food and Beverage segment
made up 28% with 4,763 rooms and the Upscale segment accounted
for 24.1% with 4,099 rooms.
The Midscale with Food and Beverage
segment (5.9% and 1,001 rooms) and the Economy segment (4.1% and
696 rooms) made up the smallest portions of the total active
pipeline.
Central / South America Hotel
Pipeline for April 2010
The Central / South America hotel development pipeline
comprises 134 hotels totalling 21,628 rooms.
Among the countries in the region, Brazil reported
the largest number of rooms in the total active pipeline (7,854)
and in the In Construction phase (3,536). Panama followed with
5,094 rooms in the total active pipeline and 2,777 rooms in the In
Construction phase.
Panama City, Panama, reported the
largest number of rooms in the total active pipeline (4,589) among
the key markets in the region. The market also reported the
largest number of rooms in the In Construction phase, with 2,777.
Three of the seven Chain Scale segments each accounted for
more than 20% of rooms in the total active pipeline. The Upscale
segment made up the largest portion of the total active pipeline
with 27.2% and 5,887 rooms, followed by the Economy segment (22%
and 4,748 rooms) and the Upper Upscale segment (21.5% and 4,643
rooms).
Europe Hotel Pipeline for April
2010
The Europe hotel development
pipeline comprises 675 hotels totalling 116,935 rooms. The region reported 329 projects in the In Construction
phase with 59,621 rooms.
Among the countries of the region,
the United Kingdom reported 25,684 rooms in the total active
pipeline, accounting for more than 20% of the region's total
active pipeline. The country also ended the month with the most
rooms in the In Construction phase with 11,711 rooms. Germany
reported 16,822 rooms in the total active pipeline and 8,593 rooms
in the In Construction phase, followed by Russia with 15,935 rooms
in the total active pipeline and 7,329 rooms in the In
Construction phase.
Among the key markets, London, U.K.,
reported the most rooms in the total active pipeline (7,962 rooms)
as well as in the In Construction phase (3,492 rooms). Three other
markets reported more than 3,000 rooms in the total active
pipeline for the month: Berlin, Germany (4,095 rooms); Moscow,
Russia (4,028 rooms); and Vienna (3,241 rooms). Stockholm, Sweden,
reported that nearly 90% of rooms in the total active pipeline are
in the In Construction phase, ending the month with 2,867 rooms in
the total active pipeline and 2,500 rooms in the In Construction
phase.
199 projects comprising 32,665 rooms are expected to
open in the region during 2010.
Middle
East / Africa Hotel Pipeline for April 2010
The Middle East / Africa hotel development pipeline
comprises 467 hotels totalling 128,903 rooms.
Among the countries in the region, the United Arab
Emirates ended the month with the most rooms in the total active
pipeline with 56,187 rooms. UAE also reported the most rooms in
the In Construction phase with 29,125 rooms. Saudi Arabia reported
15,770 rooms in the total active pipeline, followed by Egypt
(7,178 rooms) and Qatar (6,041 rooms).
Among the key
markets in region, Dubai, UAE, reported the largest number of
rooms in the total active pipeline (32,753) and in the In Construction phase (16,539), followed by Abu Dhabi, UAE, with
14,558 rooms in the total active pipeline and 7,849 rooms in the
In Construction phase.
Three of the seven Chain Scale
segments each accounted for 20% or more of rooms in the total
active pipeline. The Upper Upscale segment made up the largest
portion of the total active pipeline with 26.7% and 34,375 rooms,
followed by the Unaffiliated segment (24.9% and 32,160 rooms) and
the Luxury segment (20.3% and 26,155 rooms).
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April 2010
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