LONDON – The Europe hotel development pipeline comprises 841 hotels totalling 134,437 rooms, according to the October 2011 STR Global Construction Pipeline Report.

Year-to-date 2011, 207 properties have opened in the region with 30,579 rooms. In the remainder of 2011, 72 more properties are expected to open with 10,494 rooms. The majority of the new rooms will be in the Upscale segment (15 properties with 2,521 rooms) and the Economy segment (17 properties with 2,327 rooms).

In 2012, the region is expecting 298 properties to open with 49,047 rooms. The most rooms are planned to open in the Upscale segment (71 properties with 12,489 rooms), the Upper Midscale segment (61 properties with 10,040 rooms), and the Unaffiliated segment (59 properties with 8,922 rooms).

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STR Global