Asia Pacific Hotel Development Pipeline Increases 6.7% YOY in June 2015
Among the countries in the region, China reported the most rooms under construction with 145,167 in 452 hotels.
Among the Chain Scale segments, the Luxury segment reported the largest year-over-year increase in rooms Under Contract, rising 46.5 percent to 10,716 rooms. The Upper Upscale segment followed with a 30.5-percent increase to 34,124 rooms.
Bill Sipple, Executive Managing Director of HVS Capital, speaks in the video below about activity in different markets, limited service properties, and whether rising interest rates will have an effect on transactional activity.