Europe Remains Only World Region With Increased Hotel Construction

STR | July 19, 2021

LONDON — July 19, 2021 — At the end of Q2 2021, Europe remained the only world region with a year-over-year increase in hotel rooms in construction, according to June pipeline data from STR.   June 2021 (% changes in comparison with June 2020) Europe In Construction: 237,304 rooms (+7.9%) Final Planning: 177,165 rooms (+13.0%) Planning: 147,712 rooms (-6.4%) Germany (49,027) and the U.K. (36,444) lead Europe in total rooms in construction.   Asia Pacific In Construction: 476,740 rooms (-2.8%) Final Planning: 181,453 rooms (+8.8%) Planning: 271,268 rooms (+13.6%) Among countries in the regio...