asia pacific construction pipeline
Asia Pacific’s Hotel Construction Pipeline, Excluding China, is Up 7% by Projects and 5% by Rooms Year-Over-Year
Lodging Econometrics (LE) | November 17, 2022
November 17, 2022 – PORTSMOUTH, NH According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia Pacific region from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY). At the Q3 close, there are 946 projects/206,629 rooms under construction, up 10% by projects YOY. Projects scheduled to start construction in the next 12 months stand at 300 projects/63,221 rooms. Projects in early planning reached peak room counts and closed the quarter at 635 projects/131,695 rooms, up 26...
At Q1 ‘22 Asia Pacific’s Hotel Construction Pipeline, Excluding China, Shows Moderate Growth Year-Over-Year
Lodging Econometrics | May 18, 2022
May 18, 2022 – PORTSMOUTH, NH According to the Q1 2022 Construction Pipeline Trend Report from Lodging Econometrics (LE), the hotel construction pipeline in the Asia Pacific region, excluding China, has 1,880 projects/404,060 rooms, up 7% by projects and 9% by rooms Year-Over-Year (YOY). At the end of the first quarter, in the Asia Pacific hotel construction pipeline excluding China, there are currently 949 projects/214,215 rooms under construction, up 9% by projects and 10% by rooms YOY. Projects scheduled to start construction in the next 12 months are at 357 projects/74,459 rooms and projects in early planning, hit a record-high this...
Hotel Construction Down Around the World, Except in Asia Pacific Region
STR | January 17, 2022
HENDERSONVILLE, Tennessee — January 17, 2022 — Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR. December 2021 (% changes in comparison with December 2020) Europe In Construction: 221,789 rooms (-7.6%) Final Planning: 163,805 rooms (-4.9%) Planning: 159,232 rooms (+4.7%) Total Under Contract: 544,826 rooms (-3.5%) Germany (45,121) and the U.K. (31,464) continue to lead Europe in total rooms in construction. Asia Pacific In Construction: 473,983 rooms (+5.0%) Final Planning: 170,210 ro...
The Asia Pacific Hotel Construction Pipeline, Excluding China, Down Slightly Year-Over-Year
Lodging Econometrics | November 16, 2021
PORTSMOUTH, NH – November 16, 2021 – According to the recent Construction Pipeline Trend Report for the Asia Pacific region from analysts at Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, at end the third quarter of 2021 stands at 1,758 projects/382,434 rooms. Projects are down slightly year-over-year (YOY) by 3% while rooms are down 1% YOY. At the end of the third quarter, projects currently under construction stand at 858 projects/195,518 rooms, down 9% by projects and 8% by rooms. Projects scheduled to start construction in the next 12 months stand at 396 projects, up 1% YOY, and account fo...
Asia Pacific’s Construction Pipeline, Excluding China, Experiences Slight Decline in Q2’21
Lodging Econometrics | August 12, 2021
PORTSMOUTH, NH – August 12, 2021 – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline dropped to 1,701 projects/364,487 rooms, down 11% by projects and 10% by rooms, year-over-year (YOY). At the end of the second quarter, the region has 852 projects with 195,940 rooms under construction. Projects scheduled to start construction in the next 12 months stand at 390 projects/73,447 rooms and projects in the early planning stage stand at 459 projects/95,100 rooms. Countries in the Asia Pacific region continue to face the o...
At Q121 the Asia Pacific Construction Pipeline, Excluding China, Stands at 1,759 Projects/371,856 Rooms
Lodging Econometrics (LE) | June 1, 2021
June 1, 2021 – PORTSMOUTH, NH According to analysts at Lodging Econometrics (LE), the aAsia Pacific region construction pipeline, excluding China, ended the first quarter of 2021 at 1,759 projects/371,856 rooms, down 8% by both projects and rooms year-over-year (YOY). Throughout the region, countries are working to roll out vaccines as they continue the battle against COVID-19. As of May 23, the Maldives lead the region’s vaccine race with 29.24% of adult residents fully vaccinated. Singapore and Mongolia follow the Maldives, with just over 27% of each population reported as fully vaccinated. As more countries throughout the region...
Excluding China, the Asia Pacific Construction Pipeline Stands at 1,732 Projects/368,820 Rooms at Year-End
Lodging Econometrics (LE) | March 1, 2021
PORTSMOUTH, NH – March 1, 2021 – According to analysts at Lodging Econometrics (LE) the Asia Pacific, excluding China, pipeline ended the fourth quarter of 2020 at 1,732 projects/368,820 rooms, down 10% by both projects and rooms year-over-year (YOY). The Asia Pacific region, no different than any other, has felt the effects of the COVID-19 global pandemic. It has had universally damaging effects to the region’s economies and hotel development. However, there is renewed optimism by economists that as the region’s economies emerge from the current downturn, so will hotel development. Even as the region struggled in 2020, it ...
The Asia Pacific Construction Pipeline, Excluding China, Remains Steady Year-Over-Year
Lodging Econometrics (LE) | December 1, 2020
December 1, 2020 – PORTSMOUTH, NH – According to the recent Asia Pacific, excluding China, Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, remained steady year-over-year (YOY) to end the third quarter of 2020 at 1,820 projects/385,194 rooms, up 2% by projects and down slightly by 1% by rooms YOY. While coronavirus cases surge again across Europe and the United States, the Asia Pacific region has been one of the few regions of the world to successfully control the spread of COVID-19. This has allowed for hotel construction to continue throughout the ...
