According to STRís April 2017 Pipeline Report,
there are 608,581
rooms in 2,753 hotel projects Under Contract in the Asia Pacific
The total represents a 3.8% increase in rooms Under
Contract compared with April 2016.
The Asia Pacific region reported 270,115 rooms
in 1,185 projects In Construction for the month. Based on number
of rooms, that is a 6.5% increase in year-on-year comparisons.
Four key markets in the region reported more
than 5,000 hotel rooms In Construction:
- Shanghai, China (10,325 rooms in 42 projects)
- Jakarta, Indonesia (5,552 rooms in 23 projects)
Indonesia (5,225 rooms in 29 projects)
- Chengdu, China (5,082
rooms in 21 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