According to STRís March 2017 Pipeline Report
there are 583,054 rooms in 2,611 hotel projects Under Contract in
the Asia Pacific region.
The total represents a 1.6% decrease in rooms
Under Contract compared with March 2016.
reported 267,986 rooms in 1,169 projects In Construction for the
month. Based on number of rooms, that is a 4.1% increase
Among Chain Scale segments,
the Upscale segment accounted for the largest portion of rooms
Under Contract (26.0% with 151,561 rooms) and In Construction
(26.7% with 71,631 rooms).
The Upper Upscale segment was
the only other segment to account for 20.0% or more rooms In
Construction (24.8% with 66,360 rooms).
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