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STR Global: October Asia Pacific pipeline

November 18, 2013 Statistics & Trends No Comments Email Email

The Asia Pacific hotel development pipeline comprises 1,875 hotels totalling 414,053 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.

Among the markets in the region, Manila, Philippines reported the largest expected supply growth (+37.4 percent) if all 8,838 rooms in the total active pipeline open. Four other markets reported expected supply growth of more than 25 percent: Bengaluru, India (33.5 percent with 5,766 rooms); Delhi, India (30.3 percent with 8,732 rooms); Chengdu, China (26.4 percent with 9,145 rooms); and Jakarta, Indonesia (26.3 percent with 9,262 rooms).

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