China continues to dominate Asia hotel development
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China continues to lead hotel development in the Asia Pacific region, according to the latest STR Global Construction Pipeline Report. In August the region had a pipeline of 1,290 hotels totalling 310,230 rooms. Shanghai ended the month with the largest number of rooms (10,838) under construction, followed by Bangkok (5,216 rooms). Three other markets have pipelines totalling more than 3,000 rooms – New Delhi (5,088), Beijing (4,746) and Manila (3,015).
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