Skip to main content
Daily travel & tourism news portal for the Asia-Pacific market since 2012

Hospitality

Pacific hotel pipeline for May 2017

Author: Tatiana Rokou / Date: Fri, 06/16/2017 - 00:06
178

The Asia Pacific region reported 271,915 rooms in 1,189 projects In Construction for the month. Based on number of rooms, that is a 4.3% increase in year-over-year comparisons.


LONDON - STR’s May 2017 Pipeline Report shows 609,417 rooms in 2,760 hotel projects Under Contract in the Asia Pacific region. The total represents a 3.8% increase in rooms Under Contract compared with May 2016.

Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

The Asia Pacific region reported 271,915 rooms in 1,189 projects In Construction for the month. Based on number of rooms, that is a 4.3% increase in year-over-year comparisons.

Four countries in the region reported more than 10,000 rooms In Construction:
  • China (153,243 rooms in 592 projects)
  • Indonesia (22,793 rooms in 123 projects)
  • India (20,750 rooms in 131 projects)
  • Vietnam (10,273 rooms in 38 projects)



ABOUT THE AUTHOR

Tatiana Rokou

NEWS EDITOR

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.