Europe hotel pipeline for April 2012
The Europe hotel development pipeline comprises 908 hotels totalling 145,437 rooms, according to the April 2012 STR Global Construction Pipeline Report. Year-to-date 2012, 82 properties have opened totalling 10,071 rooms. There are 197 more properties planned to open in 2012 with 30,851 rooms. The Upscale segment is expected to add the most rooms in the remainder of 2012 with 44 properties comprising 7,213 rooms, followed by the Unaffiliated segment (43 properties with 5,406 rooms) and the Upper Midscale segment (34 properties with 5,074 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.