Hotel construction down around the world, except in Asia Pacific region
Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR.
HENDERSONVILLE, Tennessee - Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR.
December 2021 (% changes in comparison with December 2020)
Europe
- In Construction: 221,789 rooms (-7.6%)
- Final Planning: 163,805 rooms (-4.9%)
- Planning: 159,232 rooms (+4.7%)
- Total Under Contract: 544,826 rooms (-3.5%)
Germany (45,121) and the U.K. (31,464) continue to lead Europe in total rooms in construction.
Asia Pacific
- In Construction: 473,983 rooms (+5.0%)
- Final Planning: 170,210 rooms (-3.8%)
- Planning: 297,687 rooms (+16.3%)
- Total Under Contract: 941,880 rooms (+6.5%)
Among countries, China (290,265) remains atop the region with the most rooms in construction, followed by Vietnam (30,546).
Middle East & Africa
- In Construction: 130,225 rooms (-5.5%)
- Final Planning: 38,765 rooms (-14.3%)
- Planning: 67,142 rooms (+2.8%)
- Total Under Contract: 236,132 rooms (-4.9%)
Saudi Arabia (40,269) and the United Arab Emirates (31,715) lead in construction activity.
Americas
- In Construction: 211,453 rooms (-16.8%)
- Final Planning: 220,044 rooms (-20.6%)
- Planning: 329,474 rooms (+39.0%)
- Total Under Contract: 760,971 rooms (-1.0%)
The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (14,020) and Canada (6,856) rank second and third, respectively, in room construction.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
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