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STR Reports January 2010 Global Hotel Pipeline Status

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According to the January 2010 STR Global Construction Pipeline Report, the hotel development pipeline in the Asia Pacific region includes 948 hotels comprising 239,918 rooms.

Among the key markets in the region, Shanghai, China, ended the month with the most rooms in the total active pipeline with 13,762 rooms. Three other markets each reported more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (7,929 rooms); New Delhi, India (6,768 rooms); and Beijing, China (6,294 rooms).

Among the Chain Scale segments, four of the seven segments made up more than 80% of the total active pipeline. The Upscale segment accounted for 23.3% of the total active pipeline with 55,806 rooms, followed by the Unaffiliated segment (22.1% and 52,972 rooms), the Upper Upscale segment (21.7% and 52,033 rooms), and the Luxury segment (17.5% and 42,027 rooms). The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline with 2.3% and 5,503 rooms.

Caribbean and Mexico Hotel Pipeline for January 2010

The Caribbean Mexico hotel development pipeline includes 130 hotels comprising 18,088 rooms. Among the countries in the region, Mexico ended the month with 10,204 rooms in the total active pipeline, which accounts for more than half of the region's total active pipeline. With 4,305 rooms, Mexico also reported the most number of rooms in the In Construction phase of the pipeline.

Among the Chain Scale segments, the Upper Upscale segment made up the largest percentage of rooms in the In Construction phase with 39.2% and 3,372 rooms. The Luxury segment followed with 17.7% of the rooms in the In Construction phase and 1,525 rooms, followed by the Upscale segment, which accounted for 14.3% of rooms in the In Construction phase and 1,227 rooms.

Central and South America Hotel Pipeline for January 2010

The Central / South America hotel development pipeline includes 125 projects with 19,877 rooms. Among the countries in the region, Brazil reported the largest amount of rooms in the total active pipeline and in the In Construction phase with 8,318 rooms and 3,138 rooms, respectively. Panama followed Brazil with 4,261 rooms in the total active pipeline and 2,090 rooms in the In Construction phase.

Among the Chain Scale segments, the Economy segment accounted for the largest portion of the total active pipeline with 25% and 4,968 rooms. The Upscale segment (23.1% and 4,595 rooms) and the Upper Upscale segment (20.4% and 4.058 rooms) also made up a large portion of the total active pipeline.

Europe Hotel Pipeline for January 2010

The Europe hotel development pipeline includes 602 hotels comprising 101,704 rooms. Among the key markets, London, England, reported the largest number of rooms in the total active pipeline and in the In Construction phase with 6,223 rooms and 3,325 rooms respectively. Moscow, Russia, reported 4,757 rooms in the total active pipeline and 1,815 rooms in the In Construction phase, followed by Berlin, Germany, with 4,354 rooms in the total active pipeline and 1,514 rooms in the In Construction phase.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of the total active pipeline with 21.7% with 22,031 rooms. The Economy segment made up 19.2% of the total active pipeline with 19,513 rooms, followed by the Upper Upscale segment (14.1% and 14,374 rooms) and the Unaffiliated segment (14.1% and 14,329 rooms).

Middle East / Africa Hotel Pipeline for January 2010

The Middle East / Africa hotel development pipeline includes 456 hotels comprising 123,764 rooms, according to the January 2010 STR Global Construction Pipeline Report released this week. Among the key markets in the region, Dubai, United Arab Emirates, reported the largest number of rooms in the total active pipeline and in the In Construction phase, with 30,222 rooms and 15,563 rooms respectively. Abu Dhabi followed with 13,596 rooms in the total active pipeline and 7,200 rooms in the In Construction phase.

With two development hot spots, the United Arab Emirates reported the most rooms in the total active pipeline and in the In Construction phase among the countries in the region. The country ended the month with 51,515 rooms in the total active pipeline and 27,763 rooms in the In Construction phase.

Among the Chain Scale segments, the Unaffiliated segment made up the largest portion of the total active pipeline with 25.1% and 31,020 rooms, followed by the Upper Upscale segment with 24.2% of the total active pipeline and 29,947 rooms. The Upper Upscale segment accounted for the largest portion of the rooms in the In Construction phase with 30.6% and 22,478 rooms.

See recent travel news from: Travel News Asia, STR, Pipeline, January 2010

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