Europe Has 894 Hotels in Development

---

According to the August 2014 STR Global Construction Pipeline Report, the Europe hotel development pipeline comprises 894 hotels totaling 142,704 rooms. The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.
 
Among the countries in the region, Georgia reported the largest expected room supply growth (+95.8 percent) if all 2,019 rooms Under Contract open. Five other countries reported more than 30.0 percent expected room growth: Tajikistan (+50.5 percent with 285 rooms); Belarus (+48.9 percent with 2,073 rooms); Azerbaijan (+33.3 percent with 1,333 rooms); Macedonia (+33.3 percent with 562 rooms); and Kazakhstan (+31.2 percent with 2,038 rooms).