Send to a FriendPrint this Article

Post News
21 May 2010

STR Global reports April 2010 Asia/Pacific hotel pipeline

Asia/Pacific pipeline by Chain Scale segment for April 2010
Asia/Pacific pipeline by Chain Scale segment for April 2010

STR Global reports April 2010 Asia/Pacific hotel pipeline

The Asia/Pacific hotel development pipeline comprises 1,004 hotels totalling 252,584 rooms, according to the April 2010 STR Global Construction Pipeline Report released this week.

Among the countries in the region, China accounted for more than 50 percent of the total active pipeline, reporting 133,062 rooms. The country also reported the most rooms in the In Construction phase with 96,431 rooms. India reported 45,583 rooms in the total active pipeline, followed by Thailand (16,018 rooms) and Vietnam (11,084 rooms).

Among the key markets, Shanghai, China, reported the most rooms in the total active pipeline (14,289) and in the In Construction phase (11,720). Bangkok, Thailand, ended the month with 9,676 rooms in the total active pipeline and 5,777 rooms in the In Construction phase. New Delhi, India, followed with 7,183 rooms in the total active pipeline and 5,424 rooms in the In Construction phase.

Two of the seven Chain Scale segments accounted for more than 20 percent of rooms in the total active pipeline. The Upper Upscale segment made up 24.6 percent of the total active pipeline with 62,094 rooms and the Upscale segment accounted for 23.7 percent with 59,777 rooms.

About STR Global:

STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia/Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and HotelNewsNow.com. For more information, please visit www.strglobal.com.

TAGS
new delhi india, pipeline report, development pipeline, shanghai china, bangkok thailand, global construction, construction phase, hotel development, pacific hotel, phase two, asia pacific, segments, segment, vietnam, hotels

CONTACT
Rachael Spann Urie
Communications Coordinator
Phone: +1 (615) 824-8664 ext. 3305
Email: spann@smithtravelresearch.com

ORGANIZATION
Hospitality NetSTR Global
www.strglobal.com
Blue Fin Building | 110 Southwark Street
London, SE1 0TA
United Kingdom
Phone: +44 (0)207 922 1930
Fax: +44 (0)207 922 1931
Email: info@strglobal.com
Follow us on:
TwitterFacebookLinkedIn

RECENT NEWS
All Articles from STR Global

Post News




Do not follow this link
Copyright© 1995-2012 Hospitality Net™ All rights reserved.
Trademarks and product names are the property of their respective owners.
Privacy Statement - Terms & Conditions - Advertising Information
TOP of page