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Global pipeline for March.
Saturday, 20th April 2013
Source : STR / STR Global
Hotel construction report summarizing the pipeline for Asia Pacific, USA, Sth America and more regions around the world.

Asia/Pacific pipeline for March 

The Asia/Pacific hotel development pipeline comprises 1,788 hotels totalling 385,043 rooms, according to the March 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final 4Hoteliers Image LibraryPlanning and Planning stages but does not include projects in the Pre-Planning stage.

Among the countries in the region, the Philippines, reported the largest expected supply growth (+35.7 percent) if all 14,048 rooms in the country's total active pipeline open. Six other markets reported expected room growth of more than 10 percent: India (+29.0 percent with 54,478 rooms in the active pipeline); Indonesia (+24.2 percent with 30,942 rooms); Vietnam (+18.7 percent with 8,500 rooms); China (+13.9 percent with 211,118 rooms); Malaysia (+12.9 percent with 14,245 rooms); and Cambodia (+12.3 percent with 1,755 rooms).

MEA pipeline for March

The Middle East/Africa hotel development pipeline comprises 483 hotels totalling 118,713 rooms, according to the March 2013 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 March 2013, 11 hotels opened in the region with 1,683 rooms. In the remainder of 2013, 133 more hotels are expected to open with 34,931 rooms. The Unaffiliated segment is expected to open the most rooms with 11,557 rooms in 39 hotels. Three other segments are expected to open more than 5,000 more rooms in 2013: the Upper Upscale segment (6,950 rooms); the Luxury segment (6,855 rooms); and the Upscale segment (6,639 rooms).

In 2014, 141 hotels are expected to open with 30,924 rooms. The most rooms are expected to open in the Upper Upscale segment (11,269 rooms in 38 hotels), followed by the Luxury segment (6,186 rooms in 28 hotels) and the Upscale segment (5,909 rooms in 30 hotels).

Europe pipeline for March

The Europe hotel development pipeline comprises 818 hotels totalling 135,115 rooms, according to the March 2013 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 key markets in the region, Manchester, United Kingdom, reported the largest expected room growth (+22.7 percent) if all 3,061 rooms in the market's total active pipeline open. Four other markets reported significant expected room growth: Birmingham, U.K. (+17.5 percent with 1,702 rooms); Istanbul, Turkey (+14.9 percent with 5,447 rooms); London, U.K. (+14.1 percent with 16,392 rooms); and Moscow, Russia (+12.7 percent with 4,697 rooms).

C./S. America pipeline for March

The Central/South America hotel development pipeline comprises 235 hotels totalling 36,349 rooms, according to the March 2013 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 region's countries, Brazil reported the most rooms in the In Construction phase with 6,131 rooms. Six other countries reported more than 500 rooms under construction: Panama (2,568 rooms); Argentina (1,568 rooms); Colombia (1,468 rooms); Uruguay (701 rooms); Chile (698 rooms); and Costa Rica (527 rooms).

Caribbean/Mexico pipeline for March

The Caribbean/Mexico hotel development pipeline comprises118 hotels totaling 20,015 rooms, according to the March 2013 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 region's countries, Haiti reported the largest expected room supply growth (+58.2 percent) if all 560 rooms in the country's total active pipeline open. Six other countries reported expected room supply growth of more than 10 percent: Anguilla (+31.3 percent with 220 rooms); Turks & Caicos (+26.3 percent with 747 rooms); St. Kitts/Nevis (+19.6 percent with 310 rooms); Bahamas (+17.7 percent with 2,468 rooms); Dominica (+15.8 percent with 100 rooms); and Aruba (+10.3 percent with 630 rooms).

www.str.com

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