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According to the July 2011 STR Global
Construction Pipeline Report, the Asia Pacific hotel development
pipeline comprises 1,244 hotels totalling 306,537 rooms.
China ended the month with the largest number of
rooms in the In Construction phase with 120,298 rooms. Four other
countries reported more than 5,000 rooms under construction: India
(29,127 rooms); Thailand (9,182 rooms); Vietnam (8,554 rooms); and
Indonesia (6,456 rooms).
Caribbean / Mexico
The Caribbean/Mexico hotel development pipeline
comprises 125 hotels totaling 18,709 rooms.
Haiti reported the largest expected growth (29.4%) if all 492 rooms in the total active pipeline open. Five
other countries reported expected growth of more than 5%:
Anguilla (+28.8% with 220 rooms); St. Kitts/Nevis (+11.7% with 235 rooms); Turks & Caicos (+10.6% with 327
rooms); the Bahamas (+9.8% with 1,604 rooms); and St. Lucia
(+5.6% with 245 rooms).
Central / South America
The Central/South America hotel
development pipeline comprises 170 hotels totalling 27,457 rooms.
As of 30 June 2011, 12 projects have opened in the
region with 1,711 rooms. There are 34 more projects expected to
open in the remainder of 2011 with 6,338 rooms. In 2012, there are
42 projects scheduled to open with 6,741 rooms.
Among the
Chain Scale segments, the Upscale segment is expected to open the
largest number of rooms for the remainder of 2011 with 2,226 rooms
among 13 projects. The segment is also expecting to open the
largest number of rooms in 2012 with 2,118 rooms among 12
projects. The Upper Upscale segment (1,744 rooms among two
projects) and the Midscale segment (1,444 rooms among 10 projects)
also are expected to open a significant number of rooms in 2011.
Europe
The Europe hotel development pipeline
comprises 800 hotels totalling 130,260 rooms.
Among
the key markets in the region, London, United Kingdom, ended the
month with the largest number of rooms under construction with
4,506 rooms (of the 9,918 rooms in the market's total active
pipeline). Other markets to report a significant number of rooms
under construction: Istanbul, Turkey (2,438 rooms); Stockholm,
Sweden (1,706 rooms); Berlin, Germany (1,436 rooms); and Manchester, U.K. (1,431 rooms).
Middle
East / Africa
The Middle East/Africa hotel development pipeline
comprises 460 hotels totalling 125,268 rooms.
Qatar ended the month with the
largest expected room growth (+78.3%) if all 6,604 rooms in
the total active pipeline open. Other countries to report
significant expected room growth: Oman (+57.9% with 3,734
rooms); United Arab Emirates (+55.7% with 48,071 rooms);
Bahrain (+49% with 3,155 rooms); and Algeria (+47.9%
with 1,619 rooms).
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July 2011
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