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STR Global: Europe hotel pipeline for May

June 25, 2013 Statistics & Trends No Comments Email Email

The Europe hotel development pipeline comprises 792 hotels totalling 131,038 rooms, according to the May 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 Chain Scale segments, the Upscale segment made up the largest portion of rooms in the total active pipeline with 23.2 percent and 30,417 rooms. Three other segments each accounted for 15 percent or more of rooms in the total active pipeline: the Unaffiliated segment (21.9 percent to 28,730); the Upper Midscale segment (18.5 percent with 24,260 rooms); and the Upper Upscale segment (15.1 percent with 19,813 rooms).

Three segments each made up more than 15 percent of rooms under construction: the Upscale segment (25.4 percent with 15,241 rooms); the Upper Upscale segment (21.8 percent with 13,089 rooms); and the Upper Midscale segment (19.6 percent with 11,755 rooms).

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