The Asia/Pacific hotel development pipeline includes 956 hotels comprising 232,460 rooms, according to the December 2009 STR Global Construction Pipeline Report released this week.
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 percent of the total active pipeline. The Upscale segment made up 23.4 percent of rooms in the total active pipeline with 54,295 rooms. The Upper Upscale segment accounted for 22.5 percent of the rooms in the total active pipeline with 52,305 rooms. The Unaffiliated segment made up 20.5 percent of rooms with 47,635 rooms.
Asia/Pacific pipeline by Chain-Scale segment for December 2009 (number of rooms):
* Includes those projects in the In Construction, Final Planning and Planning phases
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For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.
