Hotel pipeline activity down across the global regions: STR

June 2022 (% changes in comparison with June 2021)

Europe

• In Construction: 207,315 rooms (-12.6 per cent)
• Final Planning: 150,164 rooms (-15.2 per cent)
• Planning: 163,380 rooms (+10.6 per cent)
• · Total Under Contract: 520,859 (-7.4 per cent)

Germany (40,729) and the U.K. (28,612) lead Europe in total rooms in construction.

Asia Pacific

• In Construction: 486,412 rooms (+2.1 per cent)
• Final Planning: 128,808 rooms (-29.0 per cent)
• Planning: 302,499 rooms (+11.5 per cent)
• Total Under Contract: 917,719 rooms (-1.2 per cent)

Among countries in the region, China has the most rooms in construction (308,062), followed by Vietnam (31,161).

Middle East & Africa

• In Construction: 127,397 rooms (-6.2 per cent)
• Final Planning: 37,143 rooms (-18.0 per cent)
• Planning: 73,096 rooms (+26.1 per cent)
• · Total Under Contract: 237,636 (-0.6 per cent)

Saudi Arabia (37,654) and United Arab Emirates (31,671) lead in construction activity.

Americas

• In Construction: 202,250 rooms (-16.9 per cent)
• Final Planning: 208,583 rooms (-14.4 per cent)
• Planning: 328,944 rooms (+10.4 per cent)
• · Total Under Contract: 739,777 (-5.8 per cent)

The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (14,909) and Canada (7,232) have the highest number of rooms in construction in the region.