According to the June 2010 STR Global Construction Pipeline Report, the Asia/Pacific hotel development pipeline comprises 1,007 hotels totalling 2,52,969 rooms. China ended the month with 1,38,492 rooms in the total active pipeline, accounting for more than 50 per cent of rooms in the total active pipeline among the countries of the region. India reported 46,360 rooms in the total active pipeline, followed by Thailand with 15,423 rooms.
Among the key markets, Shanghai, China, reported the largest number of rooms in the total active pipeline with 14,311 rooms. The market also ended the month with the most rooms in the In Construction phase with 11,592 rooms. Bangkok, Thailand, followed with 9,686 rooms in the total active pipeline and 5,599 rooms in the In Construction phase.
Four of the seven Chain Scale segments each accounted for more than 15 per cent of rooms in the total active pipeline: the Upper Upscale segment (25.6 per cent with 64,748 rooms); the Upscale segment (23.6 per cent with 59,714 rooms); the Luxury segment (18.8 per cent with 47,621 rooms); |