Lodging Econometrics’ most recent Asia Pacific Construction Pipeline Trend Report found that the region, excluding China, has a pipeline of 1,688 hotels with 342,670 rooms, up 10 percent by hotels year-over-year.
There are 894 hotels with 190,392 rooms Under Construction, up 3 percent by hotels year-over-year. Hotels scheduled to start construction in the next 12 months are at 368 hotels with 74,981 rooms, up 29 percent, while hotels in the early planning stage are at 426 hotels and 77,297 rooms, up 9 percent year-over-year.
Top Companies, Top Brands
The top hotel companies in the Asia Pacific Construction Pipeline, excluding China, are: AccorHotels with 245 hotels and 52,487 rooms, Marriott International with 239 hotels and 55,113 rooms, and InterContinental Hotels Group with 125 hotels and 29,042 rooms.
The largest brand in the pipeline for each of the these companies are: Accor’s Ibis Styles with 56 hotels and 11,943 rooms, Courtyard with 30 hotels and 6,209 rooms and Holiday Inn with 50 hotels and 13,249 rooms.
Top Countries, Top Cities
The top three countries are Indonesia with 407 hotels and 70,241 rooms, India with 239 hotels and 37,927 rooms and South Korea with 160 hotels and 33,553 rooms.
Cities with the largest pipelines are Seoul, South Korea with 137 hotels and 25,784 rooms; Jakarta, Indonesia with 104 hotels and 20,266 rooms; and Tokyo, Japan with 51 hotels and 12,814 rooms.