Saturday, August 21, 2010

STR Global: Europe pipeline for July 2010

LONDON—The Europe hotel development pipeline comprises 678 hotels totalling 118,126 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week. The region reported 314 projects in the In Construction phase with 58,577 rooms.

Among the countries of the region, the United Kingdom ended the month with the largest number of rooms in the total active pipeline with 26,653 rooms, followed by Germany (16,825 rooms) and Russia (16,067 rooms). The U.K. also reported the largest number of rooms in the In Construction phase with 11,381 rooms.

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