HospitalityBiz India
Hotels FoodService Operations Ministry Associations Equipment Editorial HR Technology Technology Advisory Board Community
Follow us on Facebook Follow us on Twitter instagram
    Home > Analysis
ANALYSIS

May 2013 STR Global Construction Pipeline Report

Monday, June 24, 2013, 11:30 Hrs  [IST]

STR Global in its May 2013 STR Global Construction Pipeline Report said that the Asia Pacific (APAC) hotel development pipeline comprises 1,828 hotels totalling 394,856 rooms. The total active pipeline data includes projects in the in-construction, final planning and planning stages but does not include projects in the pre-planning stage.

Year-to-date, 188 hotels have opened in the region with 32,667 rooms. In the remainder of 2013, 451 hotels are planned to open with 91,318 rooms. The upscale segment is projected to open the most new rooms with 19,316 rooms in 89 hotels, followed by the upper upscale segment (with 17,715 rooms in 60 hotels) and the luxury segment (16,190 rooms in 53 hotels).

In 2014, 534 hotels are expected to open in the region with 116,416 rooms. Three segments are expected to each open more than 20,000 new rooms: the upscale segment (137 hotels with 32,478 rooms); the upper upscale segment (89 hotels with 25,590 rooms); and the luxury segment (84 hotels with 24,195 rooms).

 
Print News Email News Back
Bookmark to Add to NewsvineNewsvine Bookmark with del.icio.usdel.icio.us Digg ItDigg
Add RSS to Add to Google Add to My Yahoo! Subscribe with Bloglines Subscribe
 POST A COMMENT
* Name :    
* Email :    
* Message :  
   
RELATED NEWS
»  Taj Hotels launches immunity enhancing itineraries and menus on International Yoga Day
»  Curbs eased, but most hotels in Dharamsala unoccupied
»  Five properties of Sinclairs Hotels to resume operations from June 16
»  Five properties of Sinclairs Hotels to resume operations from June 16
»  The Fern Hotels & Resorts introduces “Monsoon Magic Getaways”
»  ‘The recovery for hotels will be based around - efficiency, automation, & technology’
»  The Leela Palaces, Hotels and Resorts appoints Natasha Mehta as Vice President - Special Projects and Brand Experience
»  Sabre partners with GOPASS Global to mitigate travel risks while increasing confidence to travel
»  ITC to expand Welcomhotel brand to 25 hotels even amid pandemic
»  ITC Hotels Launch Welcomhotel Tavleen Chail in Himachal Pradesh
»  Chiva-Som and Zulal Wellness Resort to celebrate Global Wellness Day Virtual Celebrations on June 12
»  COVID-19: One year property tax waiver for Gujarat hotels, resorts
»  Hotels, cinema halls and malls will operate at 50% capacity : Thane
»  Relief to Hotels in Maharashtra
»  ITC Hotels launch Feel Good - Vocal for Local menu on World Environment Day
»  Banks to lend INR 15,000 crore to hotels, restaurants, travel agents, SPA owners
»  Meliá Hotels International to open a urban hotel in Chiang Mai
»  WelcomHotel by ITC Hotels, Bengaluru appoints Amandeep Kaur as General Manager
»  94% of Fortune Hotels in India awarded Traveler’s Choice Award 2021
 
CoverStory
Analysis
 
  The Indian Institute of Architects (IIA) Natcon 2020 virtual event concludes successfully
  Winners of The Park Elle Décor Student Contest felicitated at Indian Design ID 2020
 
weekly
Receive the best of Hospitality content in your mailbox.
Weekly e-Newsletter
Events Calendar




Events
 
 
people
interview
newappoint
expert
© Copyright 2016 Saffron Synergies Pvt Ltd
HOME   |   ABOUT US   |   CONTACT US   |   FEEDBACK   |   DISCLAIMER   |   SITE MAP   |   ARCHIVES