Europe hotel pipeline for November 2011
The Europe hotel development pipeline comprises 869 hotels totalling 139,006 rooms, according to the November 2011 STR Global Construction Pipeline Report. Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the region's total active pipeline with 21.8 percent and 30,369 rooms. Three other segments each made up more than 10 percent of rooms in the total active pipeline: the Upper Midscale segment (19.2 percent with 26,726 rooms); the Unaffiliated segment (19.2 percent with 26,755 rooms); and the Upper Upscale segment (15.0 percent with 20,802 rooms).
Konstanze Auernheimer (STR Global)
Director of Marketing
Phone: +44 (0)207 922 1961
About STR Global
STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to thehotel 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, STR Analytics and Hotel News Now. For more information, please visit www.strglobal.com.