Hotel construction in Europe up 52% in July

Travel Daily Media

TDM AWARDS - NOMINATE NOW!

Hotel construction in Europe up 52% in July

Europe’s hospitality industry has reported positive results with an ever-increasing number of hotels being constructed this year, according to the latest data from STR. The company’s hotel pipeline data for Europe showed 1,504 projects accounting for 192,352 rooms in construction as of July 2019.

This represented a 52.4% year-over-year increase in the number of rooms in the final phase of the development pipeline. A majority of the region's rooms in construction are in three segments. Of those three, unaffiliated projects represented the largest percentage increase (+100.3%) in activity year over year. This was followed by upscale (+37.4%) and upper midscale (+34.1%) properties.

Four countries reported more than 8,000 rooms under construction. Germany led with 52,704 rooms, which represented 7.9% of the country's existing supply, followed by the UK, Spain and France.

Join The Community

Join The Community

TDM

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.

Hotel construction in Europe up 52% in July

Europe’s hospitality industry has reported positive results with an ever-increasing number of hotels being constructed this year, according to the latest data from STR. The company’s hotel pipeline data for Europe showed 1,504 projects accounting for 192,352 rooms in construction as of July 2019.

This represented a 52.4% year-over-year increase in the number of rooms in the final phase of the development pipeline. A majority of the region's rooms in construction are in three segments. Of those three, unaffiliated projects represented the largest percentage increase (+100.3%) in activity year over year. This was followed by upscale (+37.4%) and upper midscale (+34.1%) properties.

Four countries reported more than 8,000 rooms under construction. Germany led with 52,704 rooms, which represented 7.9% of the country's existing supply, followed by the UK, Spain and France.

Join The Community

Stay Connected

Facebook

101K

Twitter

3.9K

Instagram

1.7K

LinkedIn

19.9K

YouTube

0.2K

TDM

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.

Scroll to Top

slot777

https://slot777.tohatsutr.com/

slot thailand

https://www.customsouthparks.com/