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Q1 2010 Asia Pacific construction pipeline summary.
Thursday, 10th June 2010
Source : Lodging Econometrics
With a total of 1,846 projects/457,944 rooms, the Asia Pacific Construction Pipeline is at a 5-quarter high by projects and 6-quarter high by rooms in Q1.

This is the second quarter in a row that the region has surpassed the United States for Total Pipeline rooms. Most global brands consider Asia Pacific to be the most attractive growth area for lodging development, mainly in the rapidly growing countries of China and India.

Both weathered the global economic crises with limited impact, bounced back quickly, and are have returned to pre-recessionary growth rates, with further aggressive GDP growth projected through mid-decade.

Lodging operations in both countries are also showing a quick and definitive rebound, with double-digit growth in both occupancy and RevPAR.

www.lodgingeconometrics.com

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