China has 2,697 projects/484,152 rooms presently under construction, both at record highs. These record under construction counts can be, in
Cities in China with the largest pipelines, at the Q4 close, are Chengdu with 132 projects/26,891 rooms, Shanghai with 117
India with 383 projects/47,539 rooms, Vietnam, with 240 projects/88,858 rooms, then Indonesia, with 227 projects/37,319 rooms. These countries are followed