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Published on : Friday, February 15, 2013
The Asia/Pacific hotel development pipeline comprises 1,810 hotels totalling 391,002 rooms, according to the January 2013 STR Global Construction Pipeline Report. 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.
Among the countries in the region, China reported the largest number of rooms under construction, ending the month with 134,631 rooms in construction. Four other countries also reported a significant number of rooms under construction: India (25,709 rooms); Indonesia (11,712 rooms); the Philippines (7,242 rooms); and Malaysia (6,910 rooms).