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1. STR Reports US Hotel Pipeline for February 2012
Among the Top 10 markets by rooms in the In Construction phase, New York, New York, reported the most rooms under construction with 7,296, a 17.2% increase over February 2011. Orlando, Florida, followed New York with 3,265 rooms under construction, a 29.7% increase over last year, followed by Washington, D.C. (-20.0% with 2,618 rooms); Chicago, Illinois (+100.6% with 1,392 rooms);
2. Takenaka Wins Changi Airports T4 Construction Contract
Changi Airport Group has awarded a Sin$985-million contract to Takenaka Corporation for the construction of Changi Airports Terminal 4 (T4). The award follows a tender which saw five companies submitting proposals. Takenaka Corporation has a strong track record in the construction of several airports in Japan, the Middle East, Africa and Asia, including Changi Airports Terminal 1
3. Saab to Supply Integrated ATC Tower System for Istanbul New Airport
Saab has signed a contract with Cengiz Construction to supply a complete integrated air traffic control tower system for Istanbul New Airport, which is currently under construction in Turkey. Cengiz Construction is the lead partner of the IGA consortium, which will continue to improve and operate Istanbul New Airport over the next 25 years.
4. 506,000 Hotel Rooms in 4,125 Projects Under Contract in United States
Among the Chain Scale segments, Upscale (55,994 rooms in 407 hotels) accounted for the most rooms In Construction followed by Upper Midscale (52,934 rooms in 523 hotels). The Economy segment reported the least contract and construction activity but the largest year-over-year increases in rooms Under Contract (+41.2% to 4,731 rooms) and In Construction (+94.8% to 1,276 rooms).
5. 150,762 Hotel Rooms Under Contract in MEA Region
According to the April 2015 STR Global Construction Pipeline Report, there are 654 hotels totalling 150,762 rooms Under Contract in the Middle East/Africa region. This represents a 9.4% increase in rooms Under Contract compared with April 2014 and a 21.6% year-on-year increase in rooms under construction. The region reported 78,824 rooms in 332 hotels under construction for the mon
6. 138,152 Hotel Rooms Under Contract in Europe
According to the April 2015 STR Global Construction Pipeline Report, there are 857 hotels totalling 138,152 rooms Under Contract in Europe. This represents a 6.4% decrease in rooms Under Contract compared with April 2014 and a 3.6% year-on-year decrease in rooms under construction. The region reported 58,372 rooms in 360 hotels under construction for the month.
7. 2,435 Hotels / 562,781 Rooms Under Contract in Asia Pacific
According to the November 2015 STR Global Construction Pipeline Report, there are 2,435 hotels totalling 562,781 rooms Under Contract in the Asia Pacific region. Among the regions key markets, Shanghai, China, reported the largest number of rooms under construction with 8,620 rooms. Three additional markets each reported more than 5,000 rooms under construction: Chengdu, China (6,
8. STR Reports Global Hotel Pipelines for July 2012
According to the July 2012 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprised 1,641 hotels totalling 375,917 rooms. Among the region's countries, China reported the largest number of rooms under construction with 136,424 rooms. Other countries to report a significant number of rooms under construction include: India (27,908 rooms); Indone

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