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Global hotel construction pipeline report.
Thursday, 18th October 2012
Source : STR & STR Global
Hotel construction report summarizing the pipeline for Asia Pacific, USA, Sth America and more regions around the world.

4Hoteliers Image LibraryAsia/Pac pipeline for September 
   
The Asia/Pacific hotel development pipeline comprises 1,671 hotels totalling 377,397 rooms, according to the September 2012 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

4Hoteliers Image LibraryAmong the region's countries, India and the Philippines reported the largest expected room growths (+29.8 percent) if all the rooms in their respective total active pipelines were to open. India has 54,738 rooms in its total active pipeline, while the Philippines have 11,369 rooms.

Four other countries reported more than 10-percent expected room growth: Indonesia (+23.4 percent with 27,684 rooms in the total active pipeline); Vietnam (+23.2 percent with 10,338 rooms); China (+14.5 percent with 214,971 rooms); and Malaysia (+11.7 percent with 12,808 rooms).

US hotel pipeline for September 2012
   
The total active U.S. hotel development pipeline comprises 2,598 projects totaling 289,145 rooms, according to the September 2012 STR/McGraw Hill Construction Dodge Pipeline Report. This represents an 8.3-percent decrease in the number of rooms in the total active pipeline compared to September 2011. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the Top 10 Markets by rooms in the In Construction phase, Los Angeles-Long Beach, California, reported the largest increase in rooms under construction, rising 208.2 percent with 1,005 rooms. Four other markets reported increases in rooms under construction of more than 10 percent: Denver, Colorado (+105.8 percent with 1,245 rooms); Atlanta, Georgia (+81.2% with 685 rooms); Chicago, Illinois (+67.8 percent with 1,775 rooms); and New York, New York (+27.2 percent with 9,354 rooms). Washington, D.C., reported the largest decrease in rooms under construction, falling 87.6 percent to 2,948 rooms.

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Caribbean/Mexico pipeline for September
   
The Caribbean/Mexico hotel development pipeline comprises 125 hotels totaling 19,381 rooms, according to the September 2012 STR Construction Pipeline Report. The total active pipeline includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the Chain Scale segments, the Luxury segment accounted for the largest portion of rooms in the total active pipeline with 23.3 percent and 4,524 rooms. Three other segments each made up more than 15 percent of rooms in the region's total active pipeline: the Upscale segment (22.9 percent with 4,444 rooms); the Unaffiliated segment (21.5 percent with 4,162 rooms); and the Upper Midscale segment (18.8 percent with 3,643 rooms).

The Unaffiliated segment reported the largest portion of rooms under construction with 33.1 percent and 2,711 rooms, followed by the Luxury segment (24.3 percent with 1,988 rooms) and the Upper Midscale segment (16.7 percent with 1,365 rooms).

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C./S. America pipeline for September 
   
The Central/South America hotel development pipeline comprises 237 hotels totalling 34,031 rooms, according to the September 2012 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the countries in the region, Brazil reported the most rooms under construction with 3,831 rooms. Four other countries reported more than 1,000 rooms under construction in September: Panama (2,837 rooms); Colombia (1,432 rooms); Costa Rica (1,348 rooms); and Argentina (1,227 rooms).

MEA pipeline for September
   
The Middle East/Africa hotel development pipeline comprises 493 hotels totalling 122,942 rooms, according to the September 2012 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Year-to-date 2012, 46 hotels opened in the region with 10,510 rooms. In the remainder of 2012, 72 more hotels are expected to open with 18,072 rooms. The most rooms are expected to open in the Unaffiliated segment (21 hotels with 6,501 rooms), the Luxury segment (14 hotels with 3,684 rooms) and the Upper Upscale segment (12 hotels with 3,275 rooms).

During 2013, the region is expecting 150 hotels to open with 37,349 rooms. The Upper Upscale segment is expected to add the most rooms with 9,870 rooms in 35 hotels, followed by the Upscale segment (8,003 rooms in 36 hotels) and the Unaffiliated segment (7,687 rooms in 32 hotels).

Europe pipeline for September
   
The Europe hotel development pipeline comprises 876 hotels totalling 141,554 rooms, according to the September 2012 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the markets in the region, Manchester, United Kingdom, reported the largest expected room growth (+29.0 percent) if all 3,788 rooms in the total active pipeline were to open. Other markets to report a significant expected room growth: Birmingham, U.K. (+19.4 percent with 2,117 rooms); Moscow, Russia (+14.8 percent with 5,398 rooms); Edinburgh, U.K. (+14.0 percent with 1,547 rooms) and London, U.K. (+12.9 percent with 14,744 rooms).

www.str.com
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