The Asia Pacific hotel development pipeline comprises 1,227 hotels totalling 302,858 rooms, according to STR Global’s Construction Pipeline Report for May 2011. The Upper Upscale segment is expected to open the largest number of rooms during the remainder of the year with 64 projects comprising 21,715 rooms, followed by the Upscale segment (75 projects with 16,353 rooms) and the Luxury segment (51 projects with 13,033 rooms).
In the year to 30 April 2011, 98 projects opened in the region comprising 15,007 rooms. A further 324 projects are expected to open in the remainder of 2011, with 73,430 rooms. In 2012, 424 projects are planned to open with 112,060 rooms.
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