According to the March 2011 STR Global
Construction Pipeline Report, the hotel development pipeline in
Asia Pacific comprises 1,132 hotels totalling 283,187 rooms.
the countries in the region, India has the largest increase in
supply (31.4%) if every one of the 48,636 additional rooms in its
total active pipeline open.
Other countries to expect significant
changes in supply include: Vietnam (+27.8% with the addition of
10,447 rooms); Philippines (+21.7% with 7,426 rooms); China
(+13.2% with 160,799 rooms); and Indonesia (+12.1% with 12,286
Caribbean / Mexico Hotel
The Caribbean / Mexico hotel development
pipeline comprises 129 hotels totaling 19,593 rooms.
been a modest increase in rooms under construction in the
Caribbean/Mexico region compared to the same period last year," said Lana Yoshii, VP of content management at STR. "The Upscale
and Luxury segments are reporting the highest volume of affiliated rooms under construction (2,510 rooms and 2,487 rooms,
respectively). With the addition of these rooms under
construction, Luxury branded hotel supply will be increased by
almost 11% and Upscale supply will increase by 3%. While the
Independent segment accounts for the largest absolute number of
rooms under construction (2,897 rooms), they only will increase
the segment's existing supply by less than 1% when opened."
Among the Chain Scale segments, the Upper Midscale segment
accounted for the largest portion of rooms in the total active
pipeline with 24.4% and 4,782 rooms. Three other segments each
made up more than 15% of rooms in the total active pipeline: the
Upscale segment (23.7% with 4,650 rooms); the Luxury segment
(18.6% with 3,635 rooms); and the Unaffiliated segment (17.2% with
Central / South America
Hotel Pipeline for
The Central/South America hotel development pipeline
comprises 154 hotels totalling 24,044 rooms.
countries in the region, Brazil reported the largest number of
rooms in the In Construction phase with 4,125 rooms. Other countries to report a significant number of rooms in the In
Construction phase include: Panama (2,744 rooms); Colombia (1,780
rooms); Argentina (1,196 rooms); and Peru (695 rooms).
Europe Hotel Pipeline for
The Europe hotel development pipeline
comprises 747 hotels totalling 123,882 rooms.
the markets in the region, Birmingham, United Kingdom, will report
the largest increase in supply (20.4%) if every one of the 1,941
additional rooms in its total active pipeline open.
to expect significant increases in existing supply include:
Manchester, U.K. (18.7% with 2,291 rooms in its total active
pipeline); Glasgow, U.K (16.9% with 1,224 rooms); Moscow, Russia
(14.2% with 4,836 rooms); and Edinburgh, U.K.(11.2% with 1,135
Middle East / Africa Hotel
Middle East / Africa hotel development pipeline comprises 429 hotels totalling
Year-to-date, 17 properties
comprising 4,097 rooms have opened in the region. Overall in 2011,
there are 164 more properties comprising 39,682 rooms expected to
open, which would amount to a 6.6% increase in room supply
for the remainder of 2011.
During 2012, the region is expecting
137 projects comprising 35,401 rooms to open while in 2013, 67
projects comprising 20,310 rooms are expected to open.
Among the Chain Scale segments, the Upper Upscale segment is
expected to open the largest number of rooms during the remainder
of 2011 with 39 projects comprising 11,523 rooms, followed by the
Unaffiliated segment (47 projects comprising 9,716 rooms) and the Upscale segment (29 projects comprising 7,343 rooms).
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