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STR Global Reports March 2010 Hotel Pipelines

Travel News Asia Latest Travel News Podcasts Videos Tuesday, 20 April 2010

According to the March 2010 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline includes 976 hotels comprising 248,156 rooms, the Caribbean / Mexico hotel development pipeline comprises 132 hotels totaling 17,290 rooms. The Central / South America hotel development pipeline meanwhile includes 132 projects comprising 21,060 rooms and the Europe hotel development pipeline comprises 657 hotels totaling 112,816 rooms. The Middle East / Africa hotel development pipeline includes 473 hotels comprising 127,952 rooms.

Among the region's countries, China reported the largest number of rooms in the total active pipeline with 131,175. The country also reported the most rooms in the In Construction phase (93,300 rooms). Three other countries ended the month with more than 10,000 rooms in the total active pipeline: India (43,448 rooms), Thailand (15,449 rooms), and Vietnam (10,869 rooms).

Shanghai, China, ended the month with 14,378 rooms in the total active pipeline, reporting the most rooms in the total active pipeline among the key markets. Three other markets reported more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (9,032); New Delhi, India (6,731 rooms); and Beijing, China (5,775 rooms).

Among the Chain Scale segments, three of the seven segments each accounted for 20% or more of the total active pipeline. The Upper Upscale segment made up the largest portion with 24.1% and 59,920 rooms. The Upscale segment accounted for 23.8% of the total active pipeline with 58,952 rooms, and the Unaffiliated segment made up 20.9% with 51,761 rooms.

Caribbean and Mexico Hotel Pipeline for March 2010

Among the countries in the region, Mexico ended the month with the most rooms in the total active pipeline with 10,562 rooms. The country also reported the largest number of rooms in the In Construction phase (4,877 rooms). Two other countries reported more than 1,000 rooms in the total active pipeline: Dominican Republic (1,874 rooms) and Puerto Rico (1,409 rooms). The Dominican Republic ended the month with 1,437 rooms in the In Construction phase and Puerto Rico ended with 945 rooms.

Among the Chain Scale segment, the Midscale without F&B segment accounted for the largest portion of the total active pipeline (27.8% with 4,813 rooms). The Upscale segment (17.3% with 2,983 rooms) and the Upper Upscale segment (16% with 2,762 rooms) also accounted for significant portions of the total active pipeline. The Economy segment (4.0% with 696 rooms) and the Midscale with F&B segment (5.4% with 937 rooms) made up the smallest portions of the region's total active pipeline.

 Central / South America Hotel Pipeline for March 2010

Among the countries in the region, Brazil ended the month with the most rooms in the total active pipeline with 7,643 rooms, including 3,151 rooms in the In Construction phase. Panama followed with 4,682 rooms in the total active pipeline and 2,477 rooms in the In Construction phase. Four other countries reported more than 1,000 rooms in the total active pipeline: Argentina (1,866 rooms); Colombia (1,687 rooms); Venezuela (1,312 rooms); and Costa Rica (1,299 rooms).

Among the markets in the region, Panama City, Panama, ended the month with 4,177 rooms in the total active pipeline, accounting for nearly 90% of the country's total active pipeline. The market reported 2,477 rooms in the In Construction phase, which accounts for all of the country's rooms in the In Construction phase.

Among the Chain Scale segments, three segments each accounted for 20% or more of the total active pipeline. The Upscale segment made up the largest portion with 25.5% (5,379 rooms). The Economy segment accounted for 22.5% of the total active pipeline with 4,740 rooms, followed by the Upper Upscale segment with 21.6% and 4,557 rooms. The Unaffiliated segment (5.6% with 1,170 rooms) and the Midscale without F&B segment (6.1% with 1,286 rooms) accounted for the smallest portions of the region's total active pipeline.

Europe hotel pipeline for March 2010

Among the countries in the region the United Kingdom reported the most rooms in the total active pipeline with 25,498. The country also ended the month with the largest number of rooms in the In Construction phase with 12,519. Germany reported a substantial amount of rooms in the total active pipeline with 17,912, followed by Russia with 15,614 rooms. Germany ended the month with 7,999 rooms in the In Construction phase and Russia had 7,210 rooms.

Among the key markets in the region, London, England, reported the most rooms in the total active pipeline (8,869 rooms), as well as in the In Construction phase (4,950 rooms). Berlin, Germany, followed with 4,716 rooms in the total active pipeline and 2,035 rooms in the In Construction phase. Moscow, Russia, reported 4,211 rooms in the total active pipeline and 1,949 rooms in the In Construction phase.

The Upscale segment accounted for the largest portion of the total active pipeline (22.9% with 25,887 rooms) of any Chain Scale segment. Three other segments each made up more than 15% of the total active pipeline: Midscale with F&B (17.0% with 19,178 rooms); Upper Upscale (15.9% with 17,993 rooms); and Unaffiliated (15.6% with 17,558 rooms). The Midscale without F&B segment (7.2% with 8,111 rooms) accounted for the smallest portion of the total active pipeline.

Middle East / Africa hotel pipeline for March 2010

Among the countries in the region, the United Arab Emirates ended the month with the most rooms in the total active pipeline (53,477) and in the In Construction phase (26,868). Four other countries reported more than 5,000 rooms in the total active pipeline: Saudi Arabia (15,958 rooms); Egypt (6,397 rooms); and Qatar (6,123 rooms).

Among the key markets in the region, Dubai, UAE, reported the largest number of rooms in the total active pipeline and in the In Construction phase (31,142 and 14,637, respectively). Abu Dhabi, UAE, followed Dubai with 14,071 rooms in the total active pipeline and 7,354 rooms in the In Construction phase. The two markets accounted for more than 80% of UAE's rooms in the total active pipeline.

Among the Chain Scale segments, three of the seven segments each accounted for at least 20% rooms in the total active pipeline. The Upper Upscale segment made up the largest portion of the total active pipeline with 27.5% and 35,168, followed by the Unaffiliated segment (24.3% with 31,107 rooms) and the Luxury segment (21.5% with 27,456 rooms).

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