September 2024 (per cent change in comparison with September 2023):
Europe
- In construction: 163,135 rooms (-1.0 per cent)
- Final Planning: 87,779 rooms (-21.9 per cent)
- Planning: 162,275 rooms (+1.7 per cent)
- Total Under Contract: 413,189 rooms (-5.4 per cent)
Among countries in the region, Germany (27,175) led in construction activity, closely followed by the U.K. (24,733).
Asia Pacific
- In construction: 509,167 rooms (+1.7 per cent)
- Final Planning: 55,448 rooms (-50.1 per cent)
- Planning: 389,689 rooms (+43.1 per cent)
- Total Under Contract: 954,304 rooms (+7.9 per cent)
China leads the Asia Pacific region in total rooms in construction (322,440), followed by Vietnam (35,810).
Middle East & Africa
- In construction: 110,229 rooms (-4.3 per cent)
- Final Planning: 30,955 rooms (+3.3 per cent)
- Planning: 85,178 rooms (+7.3 per cent)
- Total Under Contract: 226,362 rooms (+0.8 per cent)
Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (41,828) and the United Arab Emirates (18,959) have the most rooms in construction.
Americas
- In construction: 209,312 rooms (+9.5 per cent)
- Final Planning: 305,199 rooms (+10.6 per cent)
- Planning: 387,418 rooms (+36.1 per cent)
- Total Under Contract: 901,929 rooms (+20.0 per cent)
The U.S. (157,253) holds the majority of rooms in construction in the region. After the U.S., Mexico (13,986), Canada (9,125) and Brazil (5,964) show the highest number of rooms in construction.
Performance Data
CoStar’s world-leading hotel performance sample comprises 85,000 properties and 11 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
