According to the September 2015 STR Global
Construction Pipeline Report, there are 794 hotels totalling
129,953 rooms Under Contract in Europe.
This represents a 7.9% decrease in rooms
Under Contract compared with September 2014 and a 1.7%
year-on-year decrease in rooms under construction.
The region reported 53,015 rooms in 326 hotels
under construction for the month.
Among the countries in the region, the United
Kingdom reported the most rooms under construction with 8,871
rooms in 58 hotels.
Three other countries reported more than 5,000
rooms under construction: Turkey (8,610 rooms in 51 hotels);
Russia (8,088 rooms in 42 hotels); and Germany (6,363 rooms in 33
The Under Contract data includes projects
in the In Construction, Final Planning and Planning stages but
does not include projects in the Unconfirmed stage.
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