STR Reports Global Hotel Pipelines

According to the April 2012 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,591 hotels totalling 365,507 rooms.

Among the region's markets, New Delhi, India, reported the largest expected room growth (+43.3%) if all 11,049 rooms in its total active pipeline open.

Other markets to report expected room growth of more than 20%: Mumbai, India (+25.3% with 4,907 rooms); Bali, Indonesia (+24.6% with 8,403 rooms); Manila, Philippines (+23.6% with 4,883 rooms); and Jakarta, Indonesia (+22.6% with 6,779 rooms).

Europe

The Europe hotel development pipeline comprises 908 hotels totalling 145,437 rooms.

Year-to-date, 82 properties have opened totalling 10,071 rooms. There are 197 more properties planned to open in 2012 with 30,851 rooms.

The Upscale segment is expected to add the most rooms in the remainder of 2012 with 44 properties comprising 7,213 rooms, followed by the Unaffiliated segment (43 properties with 5,406 rooms) and the Upper Midscale segment (34 properties with 5,074 rooms).

In 2013, 297 properties are planned to open in the region with 49,468 rooms. The Upscale segment (67 properties with 11,728 rooms) and the Upper Midscale segment (72 properties with 11,320 rooms) are expected to add the largest number of rooms, followed by the Upper Upscale segment with 34 properties and 7,248 rooms.

Middle East/Africa

The Middle East/Africa hotel development pipeline comprises 494 hotels totalling 126,606 rooms.

Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of the total active pipeline with 31.5% and 39,844 rooms.

Three other segments each accounted for more than 15% of rooms in the total active pipeline: the Luxury segment (20.6% with 26,102 rooms); the Upscale segment (+20.1% with 25,486 rooms); and the Unaffiliated segment (16.1% with 20,384 rooms).

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