According to STR's February 2017 Pipeline
Report, there are 161,656 hotel rooms in 1,027 projects Under
Contract in Europe.
The total represents a 1.3% decrease in
rooms Under Contract compared with February 2016.
72,888 hotel rooms in 453 projects In Construction for the month. Based
on number of rooms, that is a 15.9% increase in year-on-year
Four European countries reported more than
5,000 rooms In Construction:
- United Kingdom (16,648
rooms in 122 projects)
- Germany (12,585 rooms in 61 projects)
- Turkey (8,270 rooms in 51 projects)
- Russia (7,906 rooms in
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