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Asia/Pacific hotel pipeline for August 2011; The Asia/Pacific hotel development pipeline comprises 1,290 hotels totalling 310,230 rooms, according to the August 2011 STR Global Construction Pipeline Report. Among the region’s markets, Shanghai, China, ended the month with the largest number of rooms in the In…
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Asia/Pacific hotel pipeline for August 2011
The Asia/Pacific hotel development pipeline comprises 1,290 hotels totalling 310,230 rooms, according to the August 2011 STR Global Construction Pipeline Report. Among the region’s markets, Shanghai, China, ended the month with the largest number of rooms in the In Construction phase with 10,838 rooms. Four other markets reported a significant number of rooms under construction: Bangkok, Thailand (5,216 rooms); New Delhi, India (5,088 rooms); Beijing, China (4,746 rooms); and Manila, Philippines (3,015 rooms).
Caribbean/Mexico hotel pipeline for August
The Caribbean/Mexico hotel development pipeline comprises 129 hotels totalling 18,994 rooms, according to the August 2011 STR Construction Pipeline Report. As of 31 July, the region opened 10 projects with 928 rooms in 2011. There are 26 more projects comprising 4,104 rooms expected to open during 2011. In 2012, there are 46 projects with 6,482 rooms scheduled to open. Among the Chain Scale segments, the Upscale segment (7 projects with 1,453 rooms) and the Unaffiliated segment (5 projects with 1,204 rooms) are expecting the largest number of rooms to open during the remainder of 2011. In 2012, the Upscale segment is expected to open the largest number of rooms (12 projects with 1,722 rooms), followed by the Upper Midscale segment (14 projects with 1,603 rooms).
Central/South America hotel pipeline for August 2011
The Central/South America hotel development pipeline comprises 172 hotels totalling 27,728 rooms, according to the August 2011 STR Global Construction Pipeline Report. Among the Chain Scale segments, the Upscale segment reported the largest portion of rooms in the total active pipeline with 25.2 percent and 6,984 rooms. Three other segments each accounted for more than 10 percent of rooms in the total active pipeline: the Midscale segment (23.5 percent with 6,505 rooms); the Upper Upscale segment (23.3 percent with 6,458 rooms); and the Upper Midscale segment (12.8 percent with 3,542 rooms).
Europe hotel pipeline for August 2011
The Europe hotel development pipeline comprises 819 hotels totalling 132,234 rooms, according to the August 2011 STR Global Construction Pipeline Report. Among the countries in the region, Azerbaijan ended the month with the largest expected room growth (+63.3 percent) if all 1,601 rooms in the total active pipeline open. Other countries that reported significant expected room growth: Kazakhstan (+25.1 percent with 1,245 rooms); Russia (+20.4 percent with 16,236 rooms); United Kingdom (+8.2 percent with 39,836 rooms); and Romania (+7.6 percent with 1,965 rooms).
Middle East/Africa hotel pipeline for August 2011
The Middle East/Africa hotel development pipeline comprises 463 hotels totalling 126,090 rooms, according to the August 2011 STR Global Construction Pipeline Report. Among the markets in the region, Abu Dhabi, United Arab Emirates, ended the month with the largest expected room growth (+90.3 percent) if all 13,534 rooms in the total active pipeline open. Other countries to report significant expected room growth: Riyadh, Saudi Arabia (+87.6 percent with 5,531 rooms); Dubai, UAE (+44.6 percent with 26,642 rooms); Jeddah, Saudi Arabia (+44.6% with 2,733 rooms); and Muscat, Oman (+37.5% with 6,049 rooms).
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
