According to STR’s August 2016 Pipeline Report
there are 584,015 hotel rooms in 2,538 projects Under Contract in
the Asia Pacific region.
The total represents a 5.4% increase in rooms
Under Contract compared with August 2015.
The region reported 244,554 rooms in 1,019
projects In Construction for the month, which is a 4.4% decrease
in year-over-year comparisons.
Among the countries in the region, China
reported the most hotel rooms In Construction with 131,135 rooms in 460
Two other countries reported more than 20,000 rooms under
construction: India (23,563 rooms in 145 hotels) and Indonesia
(22,169 rooms in 108 hotels).
Under Contract data includes projects in the In
Construction, Final Planning and Planning stages but does not
include projects in the Unconfirmed stage.
See other recent