STR Reports Global Hotel Pipeline Statistics for September 2012

According to the September 2012 STR Global Construction Pipeline Report, the hotel development pipeline in Asia Pacific comprises 1,671 hotels totalling 377,397 rooms.

The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the region's countries, India and the Philippines reported the largest expected room growth (+29.8%) if all the rooms in their respective total active pipelines were to open. India has 54,738 rooms in its total active pipeline, while the Philippines has 11,369 rooms.

Four other countries reported more than 10% expected room growth: Indonesia (+23.4% with 27,684 rooms in the total active pipeline); Vietnam (+23.2% with 10,338 rooms); China (+14.5% with 214,971 rooms); and Malaysia (+11.7% with 12,808 rooms).

Caribbean/Mexico

The Caribbean/Mexico hotel development pipeline comprises 125 hotels totaling 19,381 rooms.

Among the Chain Scale segments, the Luxury segment accounted for the largest portion of rooms in the total active pipeline with 23.3% and 4,524 rooms.

Three other segments each made up more than 15% of rooms in the region's total active pipeline: the Upscale segment (22.9% with 4,444 rooms); the Unaffiliated segment (21.5% with 4,162 rooms); and the Upper Midscale segment (18.8% with 3,643 rooms).

The Unaffiliated segment reported the largest portion of rooms under construction with 33.1% and 2,711 rooms, followed by the Luxury segment (24.3% with 1,988 rooms) and the Upper Midscale segment (16.7% with 1,365 rooms).

Central/South America

The Central/South America hotel development pipeline comprises 237 hotels totalling 34,031 rooms.

Among the countries in the region, Brazil reported the most rooms under construction with 3,831 rooms.

Four other countries reported more than 1,000 rooms under construction in September: Panama (2,837 rooms); Colombia (1,432 rooms); Costa Rica (1,348 rooms); and Argentina (1,227 rooms).

Europe

The Europe hotel development pipeline comprises 876 hotels totalling 141,554 rooms.

Among the markets in the region, Manchester, United Kingdom, reported the largest expected room growth (+29.0%) if all 3,788 rooms in the total active pipeline were to open.

Other markets to report a significant expected room growth: Birmingham, U.K. (+19.4% with 2,117 rooms); Moscow, Russia (+14.8% with 5,398 rooms); Edinburgh, U.K. (+14.0% with 1,547 rooms) and London, U.K. (+12.9% with 14,744 rooms).

Middle East/Africa

The Middle East/Africa hotel development pipeline comprises 493 hotels totalling 122,942 rooms.

Year-to-date 2012, 46 hotels opened in the region with 10,510 rooms. In the remainder of 2012, 72 more hotels are expected to open with 18,072 rooms.

The most rooms are expected to open in the Unaffiliated segment (21 hotels with 6,501 rooms), the Luxury segment (14 hotels with 3,684 rooms) and the Upper Upscale segment (12 hotels with 3,275 rooms).

During 2013, the region is expecting 150 hotels to open with 37,349 rooms. The Upper Upscale segment is expected to add the most rooms with 9,870 rooms in 35 hotels, followed by the Upscale segment (8,003 rooms in 36 hotels) and the Unaffiliated segment (7,687 rooms in 32 hotels).

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