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STR Reports Global Hotel Construction Pipeline

Vacation News » Vacation & Leisure Real Estate Edition | By Michael Gerrity | December 21, 2009 10:27 AM ET



European Hotel Market

(LONDON, UK) -- According to the November 2009 STR Global Construction Pipeline Report released this week, the Europe hotel development pipeline includes 577 hotels comprising 97,266 rooms.

Among the key markets, London, England, reported the largest amount of rooms in the total active pipeline with 5,154 rooms. Moscow, Russia (4,837 rooms), and Berlin, Germany (4,493 rooms), also reported a large number of rooms in the total active pipeline.

Among the Chain Scale segments, two segments each accounted for 20 percent or more of rooms in the total active pipeline: the Upscale segment (21.9 percent and 21,290 rooms) and the Economy segment (20.0 percent 19,452 rooms). The Upper Upscale segment made up 14.2 percent of the total active pipeline with 13,825 rooms and the Unaffiliated segment accounted for 14.1 percent with 13,748 rooms.

Europe pipeline by Chain Scale segment for November 2009 (number of rooms):     

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Central and South America

The Central/South America hotel development pipeline includes 131 projects with 19,929 rooms.

Among the countries in the region, Brazil ended the month with the most rooms in the In Construction phase as well as in the total active pipeline with 2,837 rooms and 8,264 rooms, respectively. Panama reported 2,363 rooms in the In Construction phase and 4,289 rooms in the total active pipeline.

Among the Chain Scale segments, three each accounted for more than 20 percent of rooms in the total active pipeline: the Economy segment (26.0 percent and 5,173 rooms); the Upscale segment (21.5 percent and 4,289 rooms); and the Upper Upscale segment (20.4 percent and 4,058 rooms). The Midscale without Food and Beverage segment made up the smallest portion of rooms in the total active pipeline with 6.6 percent and 1,311 rooms.

Central/South America pipeline by Chain Scale segment for November 2009 (number of rooms):         

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Caribbean & Mexico

The Caribbean/Mexico hotel development pipeline includes 131 hotels comprising 18,291 rooms.

Among the countries in the region, Mexico reported the largest number of rooms in the total active pipeline with 11,105 rooms. Two other countries ended the month with more than 1,000 rooms in the total active pipeline: the Bahamas (1,448 rooms) and Puerto Rico (1,130 rooms).

Among the Chain Scale segments, four segments accounted for more than 70 percent of rooms in the total active pipeline. The Midscale without Food and Beverage segment made up the largest portion of the total active pipeline with 23.2 percent and 4,245 rooms, followed by the Upper Upscale segment (17.6 percent and 3,221 rooms), the Luxury segment (15.5 percent and 2,835 rooms), and the Upscale segment (15.4 percent and 2,816 rooms).

Caribbean/Mexico pipeline by Chain Scale segment for November 2009 (number of rooms):             

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Asia / Pacific Markets


The Asia/Pacific hotel development pipeline includes 975 hotels comprising 232,680 rooms.

Among the key markets, Shanghai, China, reported the most rooms in the total active pipeline, with 13,057 rooms. Three other markets ended the month with more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (8,849 rooms); New Delhi, India (6,355 rooms); and Beijing, China (6,326 rooms). Tokyo, Japan, reported the smallest amount of rooms in the total active pipeline with 250 rooms.

Among the Chain Scale segments, three segments accounted for more than 65 percent of rooms in the total active pipeline. The Upper Upscale segment made up 23.9 percent with 55,498 rooms, followed by the Upscale segment (23.8 percent and 55,270 rooms) and the Unaffiliated segment (20.4 percent and 47,472 rooms). The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline with 2.3 percent and 5,459 rooms.

Asia/Pacific pipeline by Chain Scale segment for November 2009 (number of rooms):         
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Middle East & Africa

The Middle East/Africa hotel development pipeline includes 441 hotels comprising 119,560 rooms.

Among the countries in the region, the United Arab Emirates reported the most rooms in the In Construction phase (28,153 rooms) and in the total active pipeline (51,594 rooms). Saudi Arabia followed with 7,243 rooms in the In Construction phase and 13,664 rooms in the total active pipeline. Zambia had the smallest amount of rooms in the In Construction phase and the total active pipeline with 215 rooms each.

Among the Chain Scale segments, three segments accounted for nearly 70 percent of the total active pipeline. The Unaffiliated segment made up the largest part of the total active pipeline with 24.6 percent and 29,437 rooms, followed by the Luxury segment with 24.0 percent and 28,734 rooms. The Upscale segment also accounted for a large portion of the total active pipeline with 21.1 percent and 25,187 rooms. The Midscale without Food and Beverage segment accounted for the smallest portion of the total active pipeline with 1.2 percent of the total active pipeline with 1,435 rooms.

Middle East/Africa pipeline by Chain Scale segment for November 2009 (number of rooms):            

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