STR: Europe leads hotel construction in Q1

Europe is the only world region showing increased hotel construction activity in comparison with the end of Q1 last year, according to March pipeline data from STR.

Europe

In Construction: 258,129 rooms (+26.9 percent compared to March 2020)
Final Planning: 181,101 rooms (+23.7 percent compared to March 2020)

Planning: 155,615 rooms (-8.8 percent compared to March 2020)

Germany (51,785) and the U.K. (36,919) lead Europe in total rooms in construction. 

Asia Pacific

In Construction: 462,795 rooms (-3.4 percent compared to March 2020)
Final Planning: 183,105 rooms (+17.5 percent compared to March 2020)
Planning: 270,350 rooms (+4 percent compared to March 2020)

Among countries in the region, China has the most rooms in construction (283,893), followed by Vietnam (28,657). 

Middle East & Africa

In Construction: 141,914 rooms (-1.9 percent compared to March 2020)
Final Planning: 45,680 rooms (-4.8 percent compared to March 2020)
Planning: 53,567 rooms (-29.8 percent compared to March 2020)

United Arab Emirates (43,032 rooms) and Saudi Arabia (37,150 rooms) lead in construction activity. Saudi Arabia tops the world in projected hotel supply growth over the next three years. 

Americas

In Construction: 240,635 rooms (-11.6 percent compared to March 2020)
Final Planning: 254,389 rooms (-13.4 percent compared to March 2020)
Planning: 265,702 rooms (+2.8 percent compared to March 2020)

The U.S. led the world in new hotel openings during Q1 2021, despite a year-over-year decline in construction activity. In addition to the U.S., Mexico (14,491) and Canada (8,804) have the highest number of rooms in construction in the region.