Saturday, July 18, 2009

STR Global reports the Asia/Pacific pipeline for June 2009

LONDON—The Asia/Pacific hotel development pipeline includes 969 hotels with 227,567 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.

“There is a lot of development in Asia, but there are a couple of countries that are dominating,” said Duane Vinson, vice president of content management at STR. “One is China, where 108,346 rooms are in the active pipeline, 77,832 of which are under construction. The second is India, which has 45,323 rooms in the total active pipeline.”

Read more:
http://www.hotelnewsnow.com/articles.aspx?ArticleId=1548

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