STR Global reports April 2010 Asia/Pacific hotel pipeline
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).
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.
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