Spread the love

STR’s hotel pipeline data for Europe showed 1,504 projects accounting for 192,352 rooms in construction as of July 2019. This represented a 52.4% year-over-year increase in the number of rooms in the final phase of the development pipeline.

A majority of the region’s rooms in construction are in three segments. Of those three, unaffiliated projects represented the largest percentage increase (+100.3%) in activity year over year.

1.    Unaffiliated: 56,174 rooms (+100.3%)
2.    Upscale: 41,143 rooms (+37.4%)
3.    Upper Midscale: 31,739 rooms (+34.1%)

Four countries reported more than 8,000 rooms under construction. Germany led with 52,704 rooms, which represented 7.9% of the country’s existing supply, followed by the United Kingdom (42,260 rooms, 6.3% of existing supply).

1.    Germany: 52,704 rooms (7.9%)
2.    United Kingdom: 42,260 rooms (6.3%)
3.    Spain: 12,588 rooms (2.0%)
4.    France: 8,840 rooms (1.6%)