According to STRís February 2017 Pipeline Report
there are 576,109 rooms in 2,572 hotel projects Under Contract in
the Asia Pacific region.
The total represents a 3.2% decrease in
rooms Under Contract compared with February 2016.
The region reported 264,519 rooms in 1,147
projects In Construction for the month. Based on number of rooms,
that is a 1.5% increase in year-over-year comparisons.
Three of the regionís countries each reported
more than 20,000 rooms In Construction:
- China (137,641 rooms in 512 projects)
Indonesia (25,775 rooms in 135 projects)
- India (22,314 rooms
in 145 projects).
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