STR Global Reports Asia/Pacific Hotel Pipeline for November 2009
Among the key markets, Shanghai, China, reported the most rooms in the total active pipeline, with 13,057 rooms. Three other markets ended the month with more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (8,849 rooms); New Delhi, India (6,355 rooms); and Beijing, China (6,326 rooms). Tokyo, Japan, reported the smallest amount of rooms in the total active pipeline with 250 rooms.
Among the Chain Scale segments, three segments accounted for more than 65 percent of rooms in the total active pipeline. The Upper Upscale segment made up 23.9 percent with 55,498 rooms, followed by the Upscale segment (23.8 percent and 55,270 rooms) and the Unaffiliated segment (20.4 percent and 47,472 rooms). The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline with 2.3 percent and 5,459 rooms.
Asia/Pacific pipeline by Chain-Scale segment for November 2009 (number of rooms):
* Includes those projects in the In Construction, Final Planning and Planning phases
About STR & STR Global
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.
Logos, product and company names mentioned are the property of their respective owners.