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September 2014 Asia Pacific pipeline

October 17, 2014 Statistics & Trends No Comments Email Email

The Asia Pacific region reported 2,365 hotels comprising 533,555 rooms Under Contract, according to the September 2014 STR Global Construction Pipeline Report.

The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the countries in the region, Bangladesh, reported the largest expected room supply growth (+254.1 percent) if all 4,271 rooms Under Contract open. Five other countries reported more than 30.0 percent expected room growth: Myanmar (+89.7 percent with 5,682 rooms); Mongolia (75.6 percent with 952 rooms); Sri Lanka (+47.5 percent with 5,201 rooms); Philippines (+31.9 percent with 14,285 rooms); and Indonesia (+31.1 percent with 60,666 rooms).

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