Monday, December 21, 2009

STR Global reports Asia/Pacific pipeline for November 2009

The Asia/Pacific hotel development pipeline includes 975 hotels comprising 232,680 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

Among the key markets, Shanghai, China, reported the most rooms in the total active pipeline, with 13,057 rooms. Three other markets ended the month with more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (8,849 rooms); New Delhi, India (6,355 rooms); and Beijing, China (6,326 rooms). Tokyo, Japan, reported the smallest amount of rooms in the total active pipeline with 250 rooms.

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