Asia Pacific Dominates October Global Pipeline

　　The Asia Pacific hotel development pipeline is the largest among the world’s regions in October, comprising 1,697 hotels totaling 374,523 rooms, according to new data from STR Global.

　　Among the region"s markets, New Delhi reported the largest expected room growth at 42.1%, if all the rooms in the total active pipeline were to open at 11,056 rooms. Four other markets reported more than 20% expected room growth: Manila, Philippines, up 34.8% with 7,486 rooms, Bali, Indonesia, up 24.3% with 8,595 rooms, Mumbai, India, up 22.5% with 4,456 rooms and Jakarta, Indonesia, up 21.4% with 6,702 rooms.

　　Europe

　　The Europe hotel development pipeline comprises 868 hotels totaling 140,952 rooms.

　　Year to date in Europe, 283 hotels have opened with 35,324 rooms. In the remainder of 2012, 69 more hotels are expected to open in the region with 9,904 rooms. The most rooms are expected to open in the unaffiliated segment at 18 hotels with 2,448 rooms, followed by the upper upscale segment at nine hotels with 1,927 rooms and the luxury segment at seven hotels with 1,444 rooms.

　　In 2013, 281 new hotels are expected to open in Europe with 45,353 rooms. The upscale segment plans to open the most rooms with 9,789 rooms in 64 hotels. Two other segments are expected to add more than 6,000 rooms in 2013: the upper midscale segment at 49 hotels with 8,857 rooms and the upper upscale segment at 38 hotels with 8,139 rooms.

　　The region is expected to add 246 hotels in 2014 with 43,132 rooms.

　　Middle East/Africa

　　The Middle East/Africa hotel development pipeline comprises 488 hotels totaling 121,026 rooms.

　　Among the chain scale segments, the upper upscale segment accounted for the largest portion of rooms in the total active pipeline with 32.3% and 39,048 rooms. Three other segments each accounted for more than 15% of rooms in the total active pipeline: upscale segment at 19.6% with 23,743 rooms, the luxury segment at 19.1% with 23,091 rooms and the unaffiliated segment at 18.8% with 22,705 rooms.

　　Three segments each made up more than 20% of rooms under construction: the upper upscale segment at 32.3% with 22,472 rooms, the luxury segment at 23.5% with 16,355 rooms and the upscale segment at 21.2% with 14,732 rooms.

　　Central and South America

　　The Central and South America hotel development pipeline comprises 233 hotels totalling 33,396 rooms.

　　Among the markets in the region, Panama City reported the largest number of rooms in the total active pipeline with 3,312 rooms. Four other markets ended the month with more than 500 rooms in the total active pipeline: Rio de Janeiro at 1,888 rooms, Bogota, Colombia, at 905 rooms, Lima, Peru, at 793 rooms and Santiago, Chile at 758 rooms.

　　Caribbean/Mexico

　　The Caribbean/Mexico hotel development pipeline comprises 124 hotels totaling 19,318 rooms.

　　Among the countries in the region, Mexico reported the most rooms under construction with 2,627 rooms. Three other countries reported more than 500 rooms in the in construction phase: Bahamas at 2,250 rooms, Dominican Republic at 1,613 rooms and Puerto Rico at 651 rooms.