According to STR’s December 2016 Pipeline Report,
592,139 hotel rooms in 2,646 projects Under Contract in the Asia Pacific
The total represents a 2.4% increase in rooms Under
Contract when compared with December 2015.
The region reported 266,032 rooms in 1,148 projects
In Construction for the month. Based on the number of rooms, that is a
4.2% year-on-year increase.
Scale segments, the Upscale segment accounted for the largest
portion of rooms Under Contract (25.7% with 151,996 rooms) and In
Construction (27.1% with 72,031 rooms).
The Upper Upscale
segment was the only other segment to account for 20% or more
rooms In Construction (24.8% with 66,066 rooms).
See other recent