Excluding China, the Asia Pacific Hotel Construction Pipeline Ends 2021 With Record Highs in the Early Planning Stage

Lodging Econometrics | February 10, 2022

PORTSMOUTH, NH – February 10, 2022 – According to the recent Construction Pipeline Trend Report from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, at the end of the fourth quarter of 2021 stands at 1,814 projects/397,089 rooms. Project counts are up 5%, while room counts are up 8%, year-over-year (YOY). Projects currently under construction stand at 899 projects with 207,693 rooms, while projects scheduled to start construction in the next 12 months closed the year at 380 projects/77,574 rooms. Project and room counts in the early planning stage are at all-time high at the end of Q4 with 535...