STR and STR Global releases global hotel development pipelines for the Asia/Pacific, Caribbean and Mexico, Central and South America, Europe, and Middle East/Africa regions for June 2010. The Asia/Pacific hotel development pipeline comprises 1,007 hotels totalling 252,969 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week…
STR and STR Global releases global hotel development pipelines for the Asia/Pacific, Caribbean and Mexico, Central and South America, Europe, and Middle East/Africa regions for June 2010.
STR Global reports June 2010 Asia/Pacific hotel pipeline
The Asia/Pacific hotel development pipeline comprises 1,007 hotels totalling 252,969 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week.
China ended the month with 138,492 rooms in the total active pipeline, accounting for more than 50 percent of rooms in the total active pipeline among the countries of the region. India reported 46,360 rooms in the total active pipeline, followed by Thailand with 15,423 rooms.
Among the key markets, Shanghai, China, reported the largest number of rooms in the total active pipeline with 14,311. The market also ended the month with the most rooms in the In Construction phase with 11,592. Bangkok, Thailand, followed with 9,686 rooms in the total active pipeline and 5,599 rooms in the In Construction phase.
Four of the seven Chain Scale segments each accounted for more than 15 percent of rooms in the total active pipeline: the Upper Upscale segment (25.6 percent with 64,748 rooms); the Upscale segment (23.6 percent with 59,714 rooms); the Luxury segment (18.8 percent with 47,621 rooms); and the Unaffiliated segment (17.7 percent with 44,782 rooms). The Midscale without Food and Beverage segment made up the smallest portion of rooms in the total active pipeline with 2.4 percent and 6,009 rooms.
STR reports Caribbean/Mexico hotel pipeline for June 2010
The Caribbean/Mexico hotel development pipeline comprises 133 hotels totaling 17,250 rooms, according to the June 2010 STR/TWR/Dodge Construction Pipeline Report released this week.
Among the countries of the region, Mexico reported the largest number of rooms in the total active pipeline (10,830). The country also reported 5,059 rooms in the In Construction phase, which is more than 45 percent of rooms in the country’s total active pipeline. Two other countries reported more than 1,000 rooms in the total active pipeline: Dominican Republic (1,874 rooms) and Puerto Rico (1,445 rooms). The Dominican Republic reported more than 75 percent of rooms in the total active pipeline in the In Construction phase (1,437 rooms).
Among the Chain Scale segments, the Midscale without Food and Beverage segment accounted for the largest portion of rooms in the total active pipeline (28.5 percent with 4,915 rooms), followed by the Upscale segment, which made up 21.1 percent with 3,645 rooms. The Midscale with Food and Beverage segment (6.7 percent with 1,157) and the Economy segment (4.0 percent with 696 rooms) accounted for the smallest portions of rooms in the total active pipeline.
STR Global reports Central/South America hotel pipeline for June 2010
The Central/South America hotel development pipeline comprises 133 hotels totalling 21,222 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week.
Among the countries in the region, Brazil reported the largest number of rooms in the total active pipeline (7,191 rooms), followed by Panama with 5,300 rooms. Argentina ended the month with 1,900 rooms in the total active pipeline, followed by Colombia (1,509 rooms) and Costa Rica (1,420 rooms).
Among the Chain Scale segments, the Upscale segment accounted for the largest portion of the total active pipeline with 25.3 percent 5,365 rooms. Two other segments each made up more than 20 percent of rooms in the total active pipeline: the Upper Upscale segment (23.9 percent with 5,067 rooms) and the Economy segment (22.4 percent with 4,748 rooms). The Unaffiliated segment was the only segment to account for less than 5 percent of rooms in the total active pipeline (4.7 percent with 991 rooms).
STR Global reports Europe hotel pipeline for June 2010
The Europe hotel development pipeline comprises 670 hotels totalling 117,024 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week. The region reported 310 projects in the In Construction phase with 57,809 rooms.
Among the countries of the region, the United Kingdom ended the month with the largest number of rooms in the total active pipeline with 26,155 rooms, followed by Germany (17,092 rooms) and Russia (15,816 rooms). The U.K. also reported the most rooms in the In Construction phase with 11,627 rooms.
London, U.K., reported the largest number of rooms in the total active pipeline among the key markets of the region (7,922 rooms). Three other markets ended the month with more than 3,000 rooms in the total active pipeline: Berlin, Germany (4,095 rooms); Moscow, Russia (3,782 rooms); and Vienna, Austria (3,009 rooms).
Among the Chain Scale segments, the Upscale segment was the only segment to account for more than 20 percent of rooms in the total active pipeline (23.5 percent with 27, 534 rooms). Two other segments each made up more than 15 percent of rooms in the total active pipeline: the Midscale with Food and Beverage segment (17.0 percent with 19,885 rooms) and the Upper Upscale segment (16.3 percent with 19,084). The Midscale without Food and Beverage segment accounted for the smallest portion of rooms in the total active pipeline (7.0 percent with 8,206 rooms).
During 2010, 147 projects totalling 24,242 rooms are expected to open in the region.
STR Global reports Middle East/Africa hotel pipeline for June 2010
The Middle East/Africa hotel development pipeline comprises 455 hotels totalling 126,310 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week.
Among the countries in the region, the United Arab Emirates accounted for nearly 50 percent of total rooms in the total active pipeline for the region. The country ended the month with 54,814 rooms in the total active pipeline. UAE also reported the most rooms in the In Construction phase with 29,292 rooms. Saudi Arabia reported 16,680 rooms in the total active pipeline, followed by Egypt (7,332 rooms) and Morocco (6,047 rooms).
Among the key markets in the region, Dubai, UAE, ended the month with the most rooms in the total active pipeline (32,224) and the most rooms in the In Construction phase (16,768). Abu Dhabi, UAE, followed with 14,456 rooms in the total active pipeline and 8,479 rooms in the In Construction phase.
Three of the seven Chain Scale segments each accounted for more than 20 percent of rooms in the total active pipeline. The Upper Upscale segment made up 27.1 percent with 34,200 rooms, followed by the Unaffiliated segment (25.6 percent with 32,287 rooms) and the Luxury segment (21.1 percent with 26,697 rooms).
Tatiana is the news co-ordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. She holds a Bachelor degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
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