Le mie ricette per la real estate community| Each of the four world regions showed a year-over-year decline in hotel construction activity, with Asia Pacific coming closest to its 2022 comparable, according to March 2023 pipeline data from STR. March 2023 (% changes in comparison with March 2022) EuropeIn Construction: 184,851 rooms (-18.2%)Final Planning: 133,580 rooms (-15.9%)Planning: 156,095 rooms (-5.4%)Total Under Contract: 474,526 (-13.7%)Germany (34,030) and the U.K. (29,160) lead Europe in total rooms in construction. Asia PacificIn Construction: 476,993 rooms (-0.8%)Final Planning: 105,435 rooms (-29.6%)Planning: 322,507 (+1.9%)Total Under Contract: 904,935 rooms (-4.4%)Among countries in the region, China has the most rooms in construction (299,458), followed by Vietnam (36,358). Middle East & AfricaIn Construction: 119,505 rooms (-5.8%)Final Planning: 45,529 rooms (+20.4%)Planning: 84,116 rooms (+21.2%)Total Under Contract: 249,150 (+6.4%)Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (42,033) and the United Arab Emirates (22,324) lead in construction activity. AmericasIn Construction: 197,844 rooms (-4.5%)Final Planning: 278,383 rooms (-19.6%)Planning: 277,598 rooms (+32.2%)Total Under Contract: 753,825 (-1.2%)The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (10,803), Canada (5,899) and Brazil (5,549) show the highest number of rooms in construction. |
Source : STR