Lodging Econometrics Reports Asia has Largest Regional Pipeline in the World as Construction Soars

Lodging Econometrics | June 18, 2015

June 17, 2015 - PORTSMOUTH, NH - The Total Asia Pacific Construction Pipeline is at 4,284 Projects/871,480 Rooms at the end of the first quarter. It also is the largest regional Pipeline in the world and has the highest number of projects and rooms ever recorded in any region by Lodging Econometrics. An astounding 71 percent of all projects in the Pipeline, 3,046 Projects/598,958 Rooms, are currently Under Construction. The Asia Pacific region has more rooms Under Construction than all other regions of the world combined. More than a quarter of these projects are in the Economy chain scale, a proportion much greater than observed in ot...