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STR Global Reports Worldwide Hotel Pipeline for October 2009

Vacation News » Vacation & Leisure Real Estate Edition | By Michael Gerrity | November 20, 2009 10:02 AM ET



Middle East & Africa Markets

(LONDON, UK) -- According to the October 2009 STR Global Construction Pipeline Report released this week, the Middle East/Africa hotel development pipeline now includes 437 hotels comprising 120,682 rooms.

The United Arab Emirates reported the largest number of rooms in the In Construction phase (30,039 rooms) and total active pipeline (53,789 rooms) among the countries in the region. Saudi Arabia followed with 7,406 rooms in the In Construction phase and 13,469 rooms in the total active pipeline. Two other countries reported more than 5,000 rooms in the total active pipeline: Morocco (6,640 rooms) and Qatar (5,408 rooms).

Among the Chain Scale segments, three segments accounted for nearly 70 percent of the total active pipeline. The Luxury segment and the Unaffiliated segment each made up 24.3 percent of the total active pipeline with 29,332 and 29,272 rooms, respectively. The Upscale segment accounted for 21.2 percent of the total active pipeline with 25,642 rooms. The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline, (1.3 percent) with 1,558 rooms.

Middle East/Africa pipeline by Chain Scale segment for October 2009 (number of rooms):    





Asia / Pacific Market

The Asia/Pacific hotel development pipeline includes 985 hotels comprising 235,931 rooms.

Among the key markets, Shanghai, China, reported the largest amount of rooms in the total active pipeline (12,445 rooms) and in the In Construction phase (9,291 rooms). New Delhi, India, followed with 6,736 rooms in the total active pipeline and 4,792 rooms in the In Construction phase. Beijing, China, ended the month with 6,267 rooms in the total active pipeline and 4,388 rooms in the In Construction phase.

Among the Chain Scale segments, four segments made up over 80 percent of the total active pipeline. The Upper Upscale segment accounted for 23.9 percent of the total active pipeline with 56,461 rooms, followed by the Upscale segment, which made up 23.0 percent with 54,365 rooms. The Unaffiliated segment made up 20.8 percent of the total active pipeline with 49,093 rooms, and the Luxury segment accounted for 16.6 percent and 39,093 rooms.

Asia/Pacific pipeline by Chain Scale segment for October 2009 (number of rooms):    




Caribbean and Mexico hotel pipeline for October 2009

The Caribbean/Mexico hotel development pipeline includes 129 hotels comprising 18,715 rooms.

Among the countries in the region, Mexico reported the largest number of rooms in the total active pipeline with 10,615 rooms. Two other countries ended the month with more than 1,000 rooms in the total active pipeline: Puerto Rico (1,633 rooms) and the Bahamas (1,448 rooms).

Among the Chain Scale segments, the Upper Upscale segment made up the largest portion of the total active pipeline with 23.1 percent and 4,318 rooms, followed by the Midscale without Food and Beverage segment, which made up 19.7 percent of the total active pipeline with 3,692 rooms. The Economy segment accounted for the smallest portion of the total active pipeline with 6.0 percent and 1,125 rooms.

Caribbean/Mexico pipeline by Chain Scale segment for October 2009 (number of rooms):    





Central and South America

The Central/South America hotel development pipeline includes 138 projects with 21,451 rooms.

Among the countries in the region, Brazil reported the most rooms in the total active pipeline with 8,958 rooms, followed by Panama with 4,139 rooms. Three other countries ended the month with more than 1,000 rooms in the total active pipeline: Argentina (2,421 rooms); Costa Rica (1,415 rooms); and Colombia (1,311 rooms).

Among the Chain Scale segments, three segments accounted for more than 60 percent of the total active pipeline: the Economy segment (24.8 percent and 5,313 rooms); the Upscale segment (22.2 percent and 4,763 rooms); and the Upper Upscale segment (21.3 percent and 4,559 rooms).

Central/South America pipeline by Chain Scale segment for October 2009 (number of rooms):        






Europe Market

The Europe hotel development pipeline includes 570 hotels comprising 93,163 rooms.

Among the key markets, London, England, ended the month with the largest amount of rooms in the total active pipeline with 4,429 rooms, followed by Berlin, Germany, with 4,190 rooms. Hamburg, Germany, reported 2,084 rooms in the total active pipeline for the month.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of the total active pipeline with 23.6 percent and 22,013 rooms, followed by the Economy segment with 21.4 percent and 19,945 rooms. The Midscale without Food and Beverage segment (6.8 percent and 6,336 rooms) and the Luxury segment (8.9 percent and 8,312 rooms) accounted for the smallest portion of the total active pipeline.

Europe pipeline by Chain Scale segment for October 2009 (number of rooms):        





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