The Europe hotel development pipeline comprises 792 hotels totalling 131,038 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
HENDERSONVILLE, TENNESSEE – The Caribbean/Mexico hotel development pipeline comprises 128 hotels totaling 21,858 rooms, according to the May 2013 STR Construction Pipeline Report. The total active pipeline includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the Chain Scale segments, the Luxury segment reported the largest portion of rooms in the total active pipeline with 31.6 percent and 6,901 rooms. Three other segments each accounted for more than 15 percent of rooms in the active pipeline: the Upscale segment (22.1 percent with 4,835 rooms); the Unaffiliated segment (18.4 percent with 4,029 rooms); and the Upper Midscale segment (16.7 percent with 3,658 rooms).
Four segments each made up more than 10 percent of rooms under construction: the Luxury segment (35.8 percent with 3,782 rooms); the Unaffiliated segment (24.6 percent with 2,597 rooms); the Upscale segment (19.7 percent with 2,081 rooms); and the Upper Midscale segment (11.0 percent with 1,166 rooms).
The Central/South America hotel development pipeline comprises 233 hotels totalling 37,611 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the region’s countries, Paraguay reported the largest expected supply growth (+29.7 percent) if all 616 rooms in the country’s total active pipeline open. Five other countries also reported double-digit expected room growth: Panama (+25.5 percent with 3,897 rooms); Colombia (+17.2 percent with 3,879 rooms); Uruguay (+15.5 percent with 968 rooms); Brazil (+11.1 percent with 20,842 rooms); and Nicaragua (+10.8 percent with 440 rooms).
The Europe hotel development pipeline comprises 792 hotels totalling 131,038 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the Chain Scale segments, the Upscale segment made up the largest portion of rooms in the total active pipeline with 23.2 percent and 30,417 rooms. Three other segments each accounted for 15 percent or more of rooms in the total active pipeline: the Unaffiliated segment (21.9 percent to 28,730); the Upper Midscale segment (18.5 percent with 24,260 rooms); and the Upper Upscale segment (15.1 percent with 19,813 rooms).
Three segments each made up more than 15 percent of rooms under construction: the Upscale segment (25.4 percent with 15,241 rooms); the Upper Upscale segment (21.8 percent with 13,089 rooms); and the Upper Midscale segment (19.6 percent with 11,755 rooms).
The Middle East/Africa hotel development pipeline comprises 483 hotels totalling 118,496 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the countries in the region, the United Arab Emirates reported the largest number of rooms under construction with 18,653 rooms. Six other countries reported more than 2,000 rooms under construction: Saudi Arabia (17,166 rooms); Egypt (4,841 rooms); Qatar (4,427 rooms); Morocco (2,482 rooms); Jordan (2,456 rooms); and Kuwait (2,065 rooms).
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
