STRís hotel pipeline data for the Asia Pacific
region shows 2,109 projects accounting for 470,650 rooms in
construction as of July 2019.
This represents a 27.0%
year-on-year increase in the number of rooms in the final phase
of the development pipeline.
A majority of the regionís rooms in construction
are in three segments. Of those three, upper midscale projects
represented the largest percentage increase (+41.9%) in activity
year over year.
1. Upscale: 123,692 rooms (+23.2%)
Midscale: 112,400 rooms (+47.6%)
3. Upper Upscale: 102,043
Five countries reported more than 20,000 rooms
under construction. China led with 244,233 rooms, which
represented 9.4% of the countryís existing supply, followed by
Japan (43,012 rooms, 6.3% of existing supply).
1. China: 244,233 rooms (9.4%)
43,012 rooms (6.3%)
3. Vietnam: 29,625 rooms (29.4%)
Indonesia: 26,694 rooms (7.3%)
5. India: 24,801 rooms (8.4%)
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