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ANALYSIS

STR Global posts Asia/Pacific hotel development pipeline report for June 2011

Thursday, July 21, 2011, 15:00 Hrs  [IST]
By HBI Staff | Mumbai

According to June 2011 STR Global Construction Pipeline Report, the Asia/Pacific hotel development pipeline comprises 1,240 hotels totalling 307,346 rooms. Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms in the total active pipeline with 26.6 per cent and 81,611 rooms. Three other segments each accounted for more than 15 per cent of rooms: the Upscale segment (23 per cent with 70,748 rooms); the Luxury segment (18.1 per cent with 55,551 rooms); and the Unaffiliated segment (16.9 per cent with 51,793 rooms). The Economy segment made up the smallest portion of rooms in the total active pipeline with 0.9 per cent and 2,911 rooms.

Asia/Pacific pipeline by Chain Scale segment for June 2011 (number of rooms):
Chain Scale
Existing Supply
In Construction
Total Active Pipeline*
Luxury
133,724
39,207
55,551
Upper Upscale
204,684
60,117
81,611
Upscale
276,158
41,417
70,748
Upper Midscale
199,612
15,517
29,236
Midscale
123,871
6,372
15,496
Economy
96,033
771
2,911
Unaffiliated
1,630,628
31,153
51,793
Total
2,664,710
194,554
307,346

Source: STR Global

 
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