Asia Pacific Hotel Development Pipeline For February 2013 at 1,780 Hotels
Among the markets in the region, Shanghai, China, reported the largest number of rooms under construction, ending the month with 8,315 rooms in construction.
The Asia/Pacific hotel development pipeline comprises 1,780 hotels totalling 380,902 rooms, according to the February 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the markets in the region, Shanghai, China, reported the largest number of rooms under construction, ending the month with 8,315 rooms in construction. Four other markets also reported a significant number of rooms under construction: Bali, Indonesia (5,089 rooms); Manila, Philippines (4,022 rooms); Jakarta, Indonesia (3,665 rooms); and Beijing, China (3,426 rooms).
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