Hotel construction report summarizing the pipeline for Asia Pacific, USA, Sth America and more regions around the world.

Asia/Pacific pipeline for April 

The Asia/Pacific hotel development pipeline comprises 1,804 hotels totalling 387,179 rooms, according to the April 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 markets in the region, Manila, Philippines, reported the largest expected supply growth (+43.0 percent) if all 9,968 rooms in the market's total active pipeline open. Six other markets reported expected room growth of more than 10 percent: Mumbai, India (+25.2 percent with 5,117 rooms in the active pipeline); Jakarta, Indonesia (+23.8 percent with 8,115 rooms); Bali, Indonesia (+19.7 percent with 7,587 rooms); Brisbane, Australia (+13.9 percent with 1,698 rooms); Kuala Lumpur, Malaysia (+11.7 percent with 3,611 rooms); and Phuket, Thailand (+11.4 percent with 2,928 rooms).

US hotel pipeline for April 

The total active U.S. hotel development pipeline comprises 2,700 projects totaling 319,482 rooms, according to the April 2013 STR Pipeline Report. This represents a 9.2-percent increase in the number of rooms in the total active pipeline compared with April 2012, and an 18.5-percent increase in rooms under construction. 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.

"April rooms under construction increased 18.5 percent compared with April 2012 but were slightly down from March 2013," said Bobby Bowers, senior VP of operations at STR. "Not surprisingly, Upscale and Upper Midscale rooms dominated the construction numbers, accounting for more than 46,000 rooms, or 64 percent of all U.S rooms that have broken ground. Upscale rooms under construction soared roughly by 42 percent from April 2012, while Upper Midscale rooms increased by a solid 10 percent.  Also noteworthy, the Luxury segment's number of rooms under construction increased to 4,683 in April 2013, over four times higher than the April 2012 figure."

Among the Chain Scale segments, the Luxury segment reported the largest increase in rooms in the total active pipeline, rising 60.5 percent with 7,451 rooms. Two other segments reported double-digit growth in rooms in the total active pipeline: the Upscale segment (+25.0 percent with 89,868 rooms) and the Upper Upscale segment (+10.4 percent with 18,292 rooms). The Upper Midscale segment (92,050) and the Unaffiliated segment (90,950 rooms) reported the largest number of rooms in the total active pipeline. The Midscale segment reported the largest decrease in rooms in the total active pipeline, falling 28.8 percent with 16,964 rooms.

Three segments achieved double-digit growth in the number of rooms under construction: the Luxury segment (+314.4 percent with 4,683 rooms); the Upscale segment (+41.5 percent with 25,380 rooms); and the Upper Midscale segment (+10.0 percent with 20,771 rooms). The Upper Upscale segment posted the largest decrease in rooms under construction, falling 11.0 percent with 6,952 rooms.



C./S. America pipeline for April

The Central/South America hotel development pipeline comprises 242 hotels totalling 37,506 rooms, according to the April 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 markets, Panama City, Panama, reported the largest number of rooms in the total active pipeline with 3,186 rooms. Four other markets reported more than 500 rooms in the total active pipeline: Rio de Janeiro, Brazil (1,721 rooms); Bogota, Colombia (1,051 rooms); Santiago, Chile (756 rooms); and Lima, Peru (600 rooms).

Caribbean/Mexico pipeline for April

The Caribbean/Mexico hotel development pipeline comprises124 hotels totaling 20,676 rooms, according to the April 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.

Year-to-date 2013, seven hotels opened in the region with 912 rooms. In the remainder of 2013, 35 more hotels are expected to open with 5,644 rooms. The most rooms are planned to open in the Luxury segment (seven hotels with 2,387 rooms) and the Upscale segment (10 hotels with 1,439 rooms).

In 2014, 53 hotels are expected to open in the region with 9,799 rooms. The Unaffiliated segment is expected to open the most rooms (10 hotels with 2,695 rooms). Two other segments plan to open more than 2,000 rooms each: the Luxury segment (nine hotels with 2,467 rooms), and the Upper Midscale segment (18 hotels with 2,067 rooms).

Europe pipeline for April 

The Europe hotel development pipeline comprises 814 hotels totalling 134,912 rooms, according to the April 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, 67 hotels have opened in the region with 8,957 rooms. In the remainder of 2013, 215 more hotels are expected to open with 34,826 rooms. The Upscale segment is expected to open the most new rooms with 7,203 rooms in 44 hotels, followed by the Upper Midscale segment (42 hotels with 6,823 rooms) and the Upper Upscale segment (24 hotels with 5,888 rooms).

In 2014, the region expects 233 hotels to open with 40,951 rooms. The Upscale segment is planning the most rooms to open with 10,183 rooms in 57 hotels. Three other segments are expected to open more than 5,000 rooms each: the Upper Midscale segment (53 hotels with 8,827 rooms); the Upper Upscale segment (37 hotels with 7,863 rooms); and the Unaffiliated segment (34 hotels with 5,517 rooms).

MEA pipeline for April 

The Middle East/Africa hotel development pipeline comprises 492 hotels totalling 120,345 rooms, according to the April 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 Chain Scale segments, the Upper Upscale segment, with 37,053 rooms, accounted for the largest portion of rooms in the total active pipeline with 30.8 percent of the region's rooms. Three other segments each made up more than 15 percent of rooms in the region's total active pipeline: the Unaffiliated segment (21.5 percent with 25,845 rooms); the Luxury segment (20.3 percent with 24,429 rooms); and the Upscale segment (18.2 percent with 21,920 rooms). The Economy segment made up the smallest portion of rooms in the total active pipeline with 1.1 percent and 1,270 rooms.



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