According to the November 2013 STR Global
Construction Pipeline Report, the Asia Pacific hotel development
pipeline comprises 1,939 hotels totaling 421,621 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.
There are 109 hotels with 22,764 rooms under
construction that are scheduled to open during the remainder of
2013 in the region.
The Upscale segment is projected to open
the most new rooms by 2014 (6,096 rooms in 24 hotels), followed by
the Upper Upscale segment (5,167 rooms in 18 hotels) and the Upper
Midscale segment (3,143 rooms in 22 hotels).
In 2014, 590 hotels with 120,710 rooms are
expected to open in the region. Four segments are expected to each
open more than 20,000 new rooms: the Upscale segment (134 hotels
with 28,907 rooms); the Upper Upscale segment (91 hotels with
26,048 rooms); the Unaffiliated segment (144 hotels with 22,271
rooms); and the Luxury segment (70 hotels with 20,115 rooms).
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