STR Global reports December 2011 Asia Pacific hotel pipeline

STR Global reports December 2011 Asia Pacific hotel pipeline

By STR Global 31 January 2012
 
[Press release] The Asia/Pacific hotel development pipeline comprises 1,460 hotels totalling 355,957 rooms, according to the December 2011 STR Global Construction Pipeline Report.
 
Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of in the total active pipeline (25.6 percent with 91,192 rooms). Three other segments each accounted for more than 15 percent of rooms in the total active pipeline: the Upscale segment (23.0 percent with 81,748 rooms); the Luxury segment (19.1 percent with 67,847 rooms); and the Unaffiliated segment (15.2 percent with 54,027 rooms).
 

Asia/Pacific pipeline by Chain Scale segment for December 2011 (number of rooms):
Chain Scale
Existing Supply
In Construction
Total Active Pipeline*
Luxury

144,988
46,619
67,847
Upper Upscale

218,634
65,871
91,192
Upscale

293,834
45,380
81,748
Upper Midscale

145,362
19,380
36,059
Midscale

127,124
6,404
18,567
Economy

263,365
2,803
6,517
Unaffiliated

1,645,017
30,216
54,027
Total

2,838,324
216,673
355,957

*Includes those projects in the In Construction, Final Planning and Planning phases.

 
Source: STR Global
 

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