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Hotel Constructions

Europe remains only world region with increased hotel construction

Author: Theodore Koumelis / Date: Tue, 07/20/2021 - 08:51
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Among countries in the Asia-Pacific region, China has the most rooms in construction (290,619), followed by Vietnam (31,732). 

Hendersonville, Tennessee — At the end of Q2 2021, Europe remained the only world region with a year-over-year increase in hotel rooms in construction, according to June pipeline data from STR.

June 2021 (% changes in comparison with June 2020)

Europe

  • In Construction: 237,304 rooms (+7.9%)
  • Final Planning: 177,165 rooms (+13.0%)
  • Planning: 147,712 rooms (-6.4%)

Germany (49,027) and the U.K. (36,444) lead Europe in total rooms in construction.

Asia Pacific

  • In Construction: 476,302 rooms (-2.8%)
  • Final Planning: 181,453 rooms (+8.8%)
  • Planning: 271,268 rooms (+13.6%)

Among countries in the region, China has the most rooms in construction (290,619), followed by Vietnam (31,732). 

Middle East & Africa

  • In Construction: 135,740 rooms (-3.6%)
  • Final Planning: 45,313 rooms (-9.0%)
  • Planning: 57,953 rooms (-13.8%)

Saudi Arabia (39,362) and United Arab Emirates (37,954) lead in construction activity.  

Americas

  • In Construction: 243,395 rooms (-11.2%)
  • Final Planning: 243,809 rooms (-19.8%)
  • Planning: 297,929 rooms (+25.9%)

The U.S. holds the majority of rooms in construction in the region. In addition to the U.S., Mexico (13,721) and Canada (9,325) have the highest number of rooms in construction in the region. 

ABOUT THE AUTHOR

Theodore Koumelis

Co-Founder & Managing Director

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.