STR Global: September Asia Pacific pipeline

LONDON - The Asia Pacific hotel development pipeline comprises 1,858 hotels totalling 409,553 rooms, according to the September 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the countries in the region, the Philippines reported the largest expected supply growth (+31.8 percent) if all 13,058 rooms in the total active pipeline open. Six other countries also reported expected supply growth of more than 10 percent: India (+27.1 percent with 52,926 rooms); Indonesia (+22.8 percent with 31,989 rooms); Vietnam (+15.2 percent with 7,116 rooms); China (+14.7 percent with 232,217 rooms); Malaysia (+13.7 percent with 15,361 rooms); and Cambodia (+12.2 percent with 1,755 rooms).

Sourced: TravelDailyNews