STR Global Reports Asia/Pacific Pipeline for July 2010

2010-08-19
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  • STR Global The Asia/Pacific hotel development pipeline comprises 1,029 hotels totalling 256,060 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week.

    China reported the largest number of rooms in the total active pipeline (139,193 rooms) and in the In Construction phase (98,515 rooms). India followed with 46,562 rooms in the total active pipeline and 29,819 rooms in the In Construction phase.

    Among the key markets in the region, Shanghai, China, ended the month with the largest number of rooms in the total active pipeline (13,980), with more than 80 percent of its rooms in the In Construction phase (11,411). Bangkok, Thailand, reported 9,642 rooms in the total active pipeline and 5,411 rooms in the In Construction phase, followed by New Delhi, India, with 7,399 rooms in the total active pipeline and 5,040 rooms in the In Construction phase.

    Two of the seven Chain Scale segments, combined, accounted for nearly 50 percent of rooms in the total active pipeline: the Upper Upscale segment (25.2 percent with 64,472 rooms) and the Upscale segment (24.4 percent with 62,575). The Midscale without Food and Beverage segment made up the smallest portion of rooms in the total active pipeline with 2.4 percent and 6,119 rooms.

    Asia/Pacific pipeline by Chain Scale segment for July 2010 (number of rooms):

    Chain Scale

    Existing Supply

    In Construction

    Total Active Pipeline*

    Luxury

    136,872

    34,518

    46,192

    Upper Upscale

    192,450

    45,148

    64,472

    Upscale

    244,350

    41,964

    62,575

    Midscale w/ F&B

    174,749

    13,900

    21,542

    Midscale w/o F&B

    27,127

    2,770

    6,119

    Economy

    100,249

    4,670

    8,893

    Unaffiliated

    1,480,525

    30,958

    46,267

    Total

    2,356,322

    173,928

    256,060

    * 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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