Construction Pipeline Asia Pacific

Asia Pacific Hotel Development Pipeline For June 2014 at 2,313 Hotels

The Upscale segment also accounted for the most rooms under construction in June with 27.0 percent and 69,812 rooms, followed by the Upper Upscale segment (26.3 percent with 67,911 rooms) and the Luxury segment (17.8 percent with 46,057 rooms).

STR Global The Asia Pacific region reported 2,313 hotels Under Contract comprising 519,718 rooms, according to the June 2014 STR Global Construction Pipeline Report. The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms under contract (28.2 percent) with 146,810 rooms. Three other segments each made up more than 15 percent of rooms under contract: the Upper Upscale segment (23.2 percent with 120,666 rooms); the Luxury segment (16.0 percent with 83,304 rooms); and the Unaffiliated segment (15.1 percent with 78,327 rooms).

The Upscale segment also accounted for the most rooms under construction in June with 27.0 percent and 69,812 rooms, followed by the Upper Upscale segment (26.3 percent with 67,911 rooms) and the Luxury segment (17.8 percent with 46,057 rooms). 

About STR Global

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and Hotel News Now. For more information, please visit www.strglobal.com.



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