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China Leads Pipeline
STR to Deliver Pipeline Report at HI Design Asia - Here's a Preview.
13th May 2010
Shanghai, China, ended the month with 14,378 rooms in the total active pipeline, reporting the most rooms in the total active pipeline among the key markets. Three other markets reported more than 5,000 rooms in the total active pipeline: Bangkok, Thailand (9,032); New Delhi, India (6,731 rooms); and Beijing, China (5,775 rooms).
Among the Chain Scale segments, three of the seven segments each accounted for 20 percent or more of the total active pipeline. The Upper Upscale segment made up the largest portion with 24.1 percent and 59,920 rooms. The Upscale segment accounted for 23.8 percent of the total active pipeline with 58,952 rooms, and the Unaffiliated segment made up 20.9 percent with 51,761 rooms.
Read STR Global: Asia/Pacific pipeline March 2010.