Source: STR Global

The Europe hotel development pipeline comprises 699 hotels totalling 120,266 rooms, according to the August 2010 STR Global Construction Pipeline Report released this week. The region reported 311 projects in the In Construction phase with 57,526 rooms.

Among the region’s countries, the United Kingdom reported the largest number of rooms in the total active pipeline with 27,384 rooms, followed by Germany (16,702 rooms) and Russia (16,303 rooms). The U.K. also ended the month with the largest number of rooms in the In Construction phase (11,262), along with Germany (8,087 rooms) and Russia (7,497 rooms).

Among the key markets in the region, London, U.K., ended the month with the most rooms in the total active pipeline (8,394) and in the In Construction phase (3,682), followed by Berlin, Germany, with 4,622 rooms in the total active pipeline and 2,408 rooms in the In Construction phase.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline with 24.4 percent and 29,342 rooms. Three other segments each made up more than 15% of rooms in the total active pipeline: the Midscale with Food and Beverage segment (16.1 percent and 19,363 rooms); the Upper Upscale segment (15.6 percent and 18,703 rooms); and the Unaffiliated segment (15.1 percent and 18,158 rooms).

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Rachael Spann Urie
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+1 (615) 824-8664 ext. 3305
STR Global