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STR Reports Global Hotel Pipeline for June 2010

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According to the June 2010 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,007 hotels totalling 252,969 rooms.

China ended the month with 138,492 rooms in the total active pipeline, accounting for more than 50% of rooms in the total active pipeline among the countries of the region. India reported 46,360 rooms in the total active pipeline, followed by Thailand with 15,423 rooms.

Among the key markets, Shanghai, China, reported the largest number of rooms in the total active pipeline with 14,311. The market also ended the month with the most rooms in the In Construction phase with 11,592. Bangkok, Thailand, followed with 9,686 rooms in the total active pipeline and 5,599 rooms in the In Construction phase.

Four of the seven Chain Scale segments each accounted for more than 15% of rooms in the total active pipeline: the Upper Upscale segment (25.6% with 64,748 rooms); the Upscale segment (23.6% with 59,714 rooms); the Luxury segment (18.8% with 47,621 rooms); and the Unaffiliated segment (17.7% with 44,782 rooms). The Midscale without Food and Beverage segment made up the smallest portion of rooms in the total active pipeline with 2.4% and 6,009 rooms.

Caribbean / Mexico Hotel Pipeline for June 2010

The Caribbean / Mexico hotel development pipeline comprises 133 hotels totaling 17,250 rooms.

Among the countries of the region, Mexico reported the largest number of rooms in the total active pipeline (10,830). The country also reported 5,059 rooms in the In Construction phase, which is more than 45% of rooms in the country's total active pipeline. Two other countries reported more than 1,000 rooms in the total active pipeline: Dominican Republic (1,874 rooms) and Puerto Rico (1,445 rooms). The Dominican Republic reported more than 75% of rooms in the total active pipeline in the In Construction phase (1,437 rooms).

Among the Chain Scale segments, the Midscale without Food and Beverage segment accounted for the largest portion of rooms in the total active pipeline (28.5% with 4,915 rooms), followed by the Upscale segment, which made up 21.1% with 3,645 rooms. The Midscale with Food and Beverage segment (6.7% with 1,157) and the Economy segment (4% with 696 rooms) accounted for the smallest portions of rooms in the total active pipeline.

Central / South America Hotel Pipeline for June 2010

The Central/South America hotel development pipeline comprises 133 hotels totalling 21,222 rooms.

Among the countries in the region, Brazil reported the largest number of rooms in the total active pipeline (7,191 rooms), followed by Panama with 5,300 rooms. Argentina ended the month with 1,900 rooms in the total active pipeline, followed by Colombia (1,509 rooms) and Costa Rica (1,420 rooms).

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of the total active pipeline with 25.3% 5,365 rooms. Two other segments each made up more than 20% of rooms in the total active pipeline: the Upper Upscale segment (23.9% with 5,067 rooms) and the Economy segment (22.4% with 4,748 rooms). The Unaffiliated segment was the only segment to account for less than 5% of rooms in the total active pipeline (4.7% with 991 rooms).

Europe Hotel Pipeline for June 2010

The Europe hotel development pipeline comprises 670 hotels totalling 117,024 rooms. The region reported 310 projects in the In Construction phase with 57,809 rooms.

Among the countries of the region, the United Kingdom ended the month with the largest number of rooms in the total active pipeline with 26,155 rooms, followed by Germany (17,092 rooms) and Russia (15,816 rooms). The U.K. also reported the most rooms in the In Construction phase with 11,627 rooms.

London reported the largest number of rooms in the total active pipeline among the key markets of the region (7,922 rooms). Three other markets ended the month with more than 3,000 rooms in the total active pipeline: Berlin, Germany (4,095 rooms); Moscow, Russia (3,782 rooms); and Vienna, Austria (3,009 rooms).

Among the Chain Scale segments, the Upscale segment was the only segment to account for more than 20% of rooms in the total active pipeline (23.5% with 27, 534 rooms). Two other segments each made up more than 15% of rooms in the total active pipeline: the Midscale with Food and Beverage segment (17.0% with 19,885 rooms) and the Upper Upscale segment (16.3% with 19,084). The Midscale without Food and Beverage segment accounted for the smallest portion of rooms in the total active pipeline (7% with 8,206 rooms).

During 2010, 147 projects totalling 24,242 rooms are expected to open in the region.

 Middle East / Africa Hotel Pipeline for June 2010

The Middle East/Africa hotel development pipeline comprises 455 hotels totalling 126,310 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week.

Among the countries in the region, the United Arab Emirates accounted for nearly 50% of total rooms in the total active pipeline for the region. The country ended the month with 54,814 rooms in the total active pipeline. UAE also reported the most rooms in the In Construction phase with 29,292 rooms. Saudi Arabia reported 16,680 rooms in the total active pipeline, followed by Egypt (7,332 rooms) and Morocco (6,047 rooms).

Among the key markets in the region, Dubai ended the month with the most rooms in the total active pipeline (32,224) and the most rooms in the In Construction phase (16,768). Abu Dhabi followed with 14,456 rooms in the total active pipeline and 8,479 rooms in the In Construction phase.

Three of the seven Chain Scale segments each accounted for more than 20% of rooms in the total active pipeline. The Upper Upscale segment made up 27.1% with 34,200 rooms, followed by the Unaffiliated segment (25.6% with 32,287 rooms) and the Luxury segment (21.1% with 26,697 rooms).

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