According to STRís September 2017 Pipeline
Report, there are 625,359 hotel rooms in 2,842 projects
Under Contract in the Asia Pacific region.
The total represents a
7.4% increase in rooms Under Contract compared with September
The Asia Pacific region reported 288,850 rooms
in 1,241 projects In Construction for the month. Based on number
of rooms, that is a 20.9% increase in year-over-year comparisons.
Among Chain Scale segments, the Upscale segment
accounted for the largest portion of rooms Under Contract (26.5%
with 165,532 rooms) and In Construction (26.4% with 76,223 rooms).
Asia Pacific pipeline by Chain Scale segment
(number of rooms % change, September 2017 vs. September 2016):
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