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STR Global reports Asia/Pacific hotel development pipeline for December 2009

Saturday, January 23, 2010, 14:00 Hrs  [IST]
By HBI Staff | Mumbai

According to STR Global Construction Pipeline report for December 2009 released recently, the Asia/Pacific hotel development pipeline includes 956 hotels comprising 232,460 rooms. Among the key markets, Shanghai, China, ended the month with the most rooms in the total active pipeline with 13,723 rooms. Bangkok, Thailand, followed with 8,849 rooms in the total active pipeline. Two other markets ended the month with more than 5,000 rooms in the total active pipeline: New Delhi, India (6,604 rooms), and Beijing, China (6,089 rooms).

Among the Chain Scale segments, three of the seven segments each accounted for 20 per cent of the total active pipeline. The Upscale segment made up 23.4 per cent of rooms in the total active pipeline with 54,295 rooms. The Upper Upscale segment accounted for 22.5 per cent of the rooms in the total active pipeline with 52,305 rooms.  The Unaffiliated segment made up 20.5 per cent of rooms with 47,635 rooms.


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