According to a recently released September 2022 data from STR, Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the third quarter. Below is the data as published by Travel Daily:
September 2022 (% changes in comparison with September 2021)
Europe
In Construction: 197,884 rooms (-14.1%)
Final Planning: 144,277 rooms (-16.1%)
Planning: 162,896 rooms (+9.7%)
Total Under Contract: 505,057 (-8.3%)
Germany (38,676) and the U.K. (29,471) lead Europe in total rooms in construction.
Asia Pacific
In Construction: 485,250 rooms (+1.5%)
Final Planning: 131,427 rooms (-26.3%)
Planning: 287,572 (-0.2%)
Total Under Contract: 904,249 rooms (-4.3%)
Among countries in the region, China has the most rooms in construction (311,859), followed by Vietnam (28,692).
READ: Tourism: Global Hospitality Brand, Radisson Blu Hotel opens in Durban, South Africa
Middle East & Africa
In Construction: 130,956 rooms (-3.2%)
Final Planning: 38,147 rooms (-5.9%)
Planning: 74,510 rooms (+18.9%)
Total Under Contract: 243,613 (+2.2%)
Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (39,070) and United Arab Emirates (32,373) lead in construction activity.
Americas
In Construction: 207,585 rooms (-9.2%)
Final Planning: 203,069 rooms (-17.9%)
Planning: 329,789 rooms (+9.4%)
Total Under Contract: 740,443 (-4.8%)
The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (14,077) and Canada (7,126) have the highest number of rooms in construction in the region.
