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STR Reports Europe's Hotel Development Pipeline for May 2014

Travel News Asia Videos Podcasts Latest Travel News Asia Monday, 16 June 2014
 

According to the May 2014 STR Global Construction Pipeline Report, the hotel development pipeline in Europe comprises 922 hotels totalling 149,235 rooms.

The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the countries in the region, the United Kingdom reported the most hotel rooms under construction with 12,056.

Seven other countries reported more than 2,000 rooms under construction: Russia (9,250); Turkey (8,225); Germany (6,604); Italy (2,399); France (2,394); and Netherlands (2,362).

STR, Pipeline, ADR, RevPAR, Europe

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