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STR Global: Europe hotel pipeline for February

March 19, 2014 Statistics & Trends No Comments Email Email

The Europe hotel development pipeline comprises 864 hotels totalling 140,114 rooms, according to the February 2014 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 region’s key markets, Manchester, England, reported the largest expected supply growth (+26.9 percent) if all 3,751 rooms in its total active pipeline open. Four other markets reported significant expected supply growth: Moscow, Russia (+23.7 percent with 9,286 rooms); Baku, Azerbaijan (+19.0 percent with 710 rooms); Istanbul, Turkey (+15.1 percent with 6,089 rooms); and London, England (+14.9 percent with 17,594 rooms).

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