Top Menu

Asia-Pacific development pipeline increases

An artist's impression of The Ritz-Carlton Melbourne

An artist’s impression of The Ritz-Carlton Melbourne

STR’s January 2017 Pipeline Report shows 598,952 rooms in 2,670 hotel projects Under Contract in the Asia Pacific region, a 2.2% compared with January 2016.

Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

The region reported 270,803 rooms in 1,176 projects In Construction for the month. Based on number of rooms, that is a 6.2% increase in year-over-year comparisons.

Four of the region’s key markets each reported more than 5,000 rooms In Construction:
-Shanghai, China (9,529 rooms in 42 projects)
-Jakarta, Indonesia (7,240 rooms in 29 projects)
-Chengdu, China (5,928 rooms in 27 projects)
-Bali, Indonesia (5,474 rooms in 31 projects)

, , ,

Comments are closed.

Across Our Network

Meet the leader: Rachel Argaman, CEO, TFE Hotels
In the lead up to International Women's Day on March 8, Spice caught up with one of Australia's...
Read More
ACMI - Australian Centre for the Moving Image
Set the scene for your next event amongst the creative spaces of ACMI.
Read More
Salon Recruit
Salon Recruit specialises in Recruitment for Hairdressing and Beauty Salons. Contact us now! The...
Read More

Powered by WordPress. Designed by Woo Themes