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STR Global: Europe hotel pipeline for October

November 18, 2013 Statistics & Trends No Comments Email Email

The Europe hotel development pipeline comprises 811 hotels totalling 135,478 rooms, according to the October 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.

This year, 75 hotels with 11,710 rooms are expected to open, led by the Unaffiliated segment (17 hotels with 1,599 rooms), followed by the Upscale segment (14 hotels with 2,246 rooms) and the Upper Midscale segment (13 hotels with 2,394 rooms). The Midscale segment is expected to see the smallest number of hotels, with five properties comprising 653 rooms.

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