STR Global reports July 2010 Asia/Pacific hotel pipeline

STR Global reports July 2010 Asia/Pacific hotel pipeline

Asia/Pacific hotel development pipeline comprises 1,029 hotels totalling 256,060 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week.

China reported the largest number of rooms in the total active pipeline (139,193 rooms) and in the In Construction phase (98,515 rooms). India followed with 46,562 rooms in the total active pipeline and 29,819 rooms in the In Construction phase.

Among the key markets in the region, Shanghai, China, ended the month with the largest number of rooms in the total active pipeline (13,980), with more than 80 percent of its rooms in the In Construction phase (11,411). Bangkok, Thailand, reported 9,642 rooms in the total active pipeline and 5,411 rooms in the In Construction phase, followed by New Delhi, India, with 7,399 rooms in the total active pipeline and 5,040 rooms in the In Construction phase.

Two of the seven Chain Scale segments, combined, accounted for nearly 50 percent of rooms in the total active pipeline: the Upper Upscale segment (25.2 percent with 64,472 rooms) and the Upscale segment (24.4 percent with 62,575). The Midscale without Food and Beverage segment made up the smallest portion of rooms in the total active pipeline with 2.4 percent and 6,119 rooms.