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STR Global Reports Asia/Pacific Hotel Pipeline for October 2009 |
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The Asia/Pacific hotel development pipeline includes 985 hotels comprising 235,931 rooms, according to the October 2009 STR Global Construction Pipeline Report released this week. |
Among the key markets, Shanghai, China, reported the largest amount of rooms in the total active pipeline (12,445 rooms) and in the In Construction phase (9,291 rooms). New Delhi, India, followed with 6,736 rooms in the total active pipeline and 4,792 rooms in the In Construction phase. Beijing, China, ended the month with 6,267 rooms in the total active pipeline and 4,388 rooms in the In Construction phase.
Among the Chain Scale segments, four segments made up over 80 percent of the total active pipeline. The Upper Upscale segment accounted for 23.9 percent of the total active pipeline with 56,461 rooms, followed by the Upscale segment, which made up 23.0 percent with 54,365 rooms. The Unaffiliated segment made up 20.8 percent of the total active pipeline with 49,093 rooms, and the Luxury segment accounted for 16.6 percent and 39,093 rooms.
Asia/Pacific pipeline by Chain-Scale segment for October 2009 (number of rooms):
* Includes those projects in the In Construction, Final Planning and Planning phases
About STR & STR Global
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.
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