Two of the four world regions, Europe and Asia Pacific, showed an increase in hotel pipeline activity at the end of the third quarter, according to September 2021 data from STR.
September 2021 (% changes in comparison with September 2020)
Europe
- In Construction: 230,265 rooms (+6.6%)
- Final Planning: 171,988 rooms (+5.9%)
- Planning: 148,565 rooms (-4.8%)
- Total Under Contract: 550,818 (+3.1%)
Germany (46,494) and the U.K. (35,196) lead Europe in total rooms in construction.
Asia Pacific
- In Construction: 478,193 rooms (0.0%)
- Final Planning: 178,195 rooms (+5.3%)
- Planning: 288,227 rooms (+16.0%)
- Total Under Contract: 944,615 rooms (+5.4%)
Among countries in the region, China has the most rooms in construction (295,989), followed by Vietnam (29,178).
