The Europe hotel development pipeline comprises 910 hotels totalling 145,244 rooms, according to the July 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 markets in the region, Greater London, England, reported the largest number of rooms under construction with 5,110 rooms. Seven other markets reported more than 1,000 rooms under construction: Istanbul, Turkey (4,798 rooms); Moscow, Russia (3,301 rooms); Greater Amsterdam, Netherlands (2,020 rooms); Hamburg, Germany (1,678 rooms); Greater Berlin, Germany (1,315 rooms); Greater Munich, Germany (1,127 rooms); and Vienna, Austria (1,093 rooms).
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