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STR Global report on Asia/Pacific pipeline projects

Monday, July 23, 2012, 13:00 Hrs  [IST]
By HBI Staff | Mumbai

According to the STR Global Construction Pipeline report for June 2012, the Asia/Pacific hotel development pipeline comprises of 1,625 hotels totalling 374,604 rooms. Among the Chain Scale segments, the upscale segment reported the largest number of rooms in the total active pipeline with 25.7 per cent and 96,274 rooms. Three other segments each accounted for 15 per cent of rooms in the total active pipeline or more: the Upper Upscale segment (23.8 percent with 89,325 rooms); the Luxury segment (18.6 percent with 69,812 rooms); and the Unaffiliated segment (15.0 percent with 56,184 rooms).

Three segments each made up more than 20 per cent of rooms under construction: the Upper Upscale segment (28.8 percent with 63,180 rooms); the Upscale segment (24.7 percent with 54,307 rooms); and the Luxury segment (20.6 percent with 45,234 rooms).


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