Hotel Pipeline Down Globally, Except for Middle East & Africa

STR | October 20, 2022

LONDON—Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the third quarter, according to September 2022 data from STR. September 2022 (% changes in comparison with September 2021) Europe In Construction: 197,884 rooms (-14.1%) Final Planning: 144,277 rooms (-16.1%) Planning: 162,896 rooms (+9.7%) Total Under Contract: 505,057 (-8.3%) Germany (38,676) and the U.K. (29,471) lead Europe in total rooms in construction. Asia Pacific In Construction: 485,250 rooms (+1.5%) Final Planning: 131,427 rooms (-26.3%) Planning: 287,572 (-0.2%) T...