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The Top Three Chain Scales in the Asia Pacific Hotel Construction Pipeline, Excluding China, Each Hit Peak Project Counts at The…

February 9, 2023

According to the Q4 2022 Construction Pipeline Trend Report for the Asia Pacific region, excluding China, from Lodging Econometrics (LE), the region’s total construction pipeline stands at 1,903 projects/404,222 rooms, up 5% by projects and 2% by rooms year-over-year (YOY).

At the Q4 close, projects currently under construction stand at 946 projects/210,559 rooms, up 5% by projects YOY. Projects scheduled to start construction in the next 12 months stand at 317 projects/65,745 rooms. Projects in early planning reached a record count at Q4, closing the quarter at 640 projects/127,918 rooms, up 20% by projects and 14% by rooms YOY. The luxury, upper upscale, and upscale chain scales each hit peak project counts at the end of Q4.

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