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Hotel pipeline activity down around the world, except in Middle East & Africa

The U.S. holds the majority of rooms in construction (159,344) in the region and showed its first year-over-year increase in the phase since late 2020.

LONDON — Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the fourth quarter, according to December 2022 data from STR.

December 2022 (% changes in comparison with December 2021)

Europe
In Construction: 189,698 rooms (-14.5%)
Final Planning: 140,663 rooms (-14.1%)
Planning: 153,587 rooms (-3.6%)
Total Under Contract: 483,948 (-11.2%)

Germany (36,162) and the U.K. (28,426) lead Europe in total rooms in construction.

Asia Pacific
In Construction: 476,942 rooms (+0.6%)
Final Planning: 108,955 rooms (-36.0%)
Planning: 305,339 rooms (+2.6%)
Total Under Contract: 891,236 rooms (-5.4%)

Among countries in the region, China has the most rooms in construction (300,163), followed by Vietnam (31,570).

Middle East & Africa
In Construction: 122,686 rooms (-5.8%)
Final Planning: 41,086 rooms (+6.0%)
Planning: 74,863 rooms (+11.5%)
Total Under Contract: 238,635 (+1.1%)

Saudi Arabia (40,742) and United Arab Emirates (27,456) lead in construction activity.

Americas
In Construction: 207,112 (-2.1%)
Final Planning: 244,982 (+11.3%)
Planning: 284,829 (-13.6%)
Total Under Contract: 736,823 (-3.2)

The U.S. holds the majority of rooms in construction (159,344) in the region and showed its first year-over-year increase in the phase since late 2020. After the U.S., Mexico (11,398) and Canada (6,752) have the highest number of rooms in construction in the region.

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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.

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