The region reported 254,471 rooms in 1,099 projects In Construction for the month. Based on number of rooms, that is a 0.8% decrease in year-over-year comparisons. continue reading →
The region reported 252,195 rooms in 1,089 projects In Construction for the month, which is a 2.0% decrease in year-over-year comparisons. continue reading →
Among Chain Scale segments, the Upscale segment accounted for the largest portion of rooms Under Contract (26.1% with 152,039 rooms) and In Construction (27.0% with 64,536 rooms). continue reading →
Among the countries in the region, China reported the most rooms In Construction with 131,135 rooms in 460 hotels. Two other countries reported more than 20,000 rooms under construction: India (23,563 rooms in 145 hotels) and Indonesia (22,169 rooms in 108 hotels). continue reading →
Among the regions key markets, Shanghai, China, reported the largest number of rooms In Construction with 9,177 rooms in 36 hotels. continue reading →
STRs June 2016 Pipeline Report shows 576,712 rooms in 2,508 projects Under Contract in the Asia Pacific region. The total represents a 4.0% increase in rooms Under Contract compared with June 2015 but a 4.1% year-over-year decrease in rooms In Construction. continue reading →
Among the countries in the region, China reported the most rooms In Construction with 146,590 rooms in 485 hotels. Two other countries reported more than 20,000 rooms under construction: Indonesia (22,918 rooms in 110 hotels) and India (22,037 rooms in 138 hotels). continue reading →
Among the regions key markets, Shanghai, China, reported the largest number of rooms In Construction with 10,152 rooms in 39 hotels. Two additional markets each reported more than 5,000 rooms under construction: Jakarta, Indonesia (6,760 rooms in 26 hotels), and Chengdu, China (5,687 rooms in 22 hotels). continue reading →
STRs March 2016 Pipeline Report shows 592,299 rooms in 2,558 projects Under Contract in the Asia Pacific region. The total represents an 8.7% increase in rooms Under Contract compared with March 2015 and a 1.6% year-over-year increase in rooms In Construction. continue reading →