1,132 Hotels / 161,940 Rooms Under Contract in Europe

According to the December 2015 STR Global Pipeline Report, there are 1,132 hotels totalling 161,940 rooms Under Contract in Europe.

This represents a 16.2% increase in rooms Under Contract compared with December 2014 and a 7.8% year-over-year increase in rooms under construction.

The region reported 60,787 rooms in 458 hotels under construction for the month.

Among the countries in the region, the United Kingdom reported the most rooms under construction with 14,121 rooms in 181 hotels.

Three other countries reported more than 5,000 rooms under construction: Germany (8,369 rooms in 40 hotels); Turkey (8,128 rooms in 49 hotels); and Russia (7,933 rooms in 39 hotels).

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

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