Asia Pacific Pipeline Continues Moderate Decline

    PORTSMOUTH, N.H.—According to analysts at Lodging Econometrics (LE), the most recent Asia Pacific Construction Pipeline Trend Report, excluding China, states that the Total Pipeline has 1,554 projects/312,766 rooms, down 2 percent by projects year-over-year (YOY).

    There are 844 projects/174,302 rooms under construction, up 3 percent by projects YOY. Projects Scheduled to Start Construction in the next 12 months are at 325 projects/68,923 rooms, up a strong 27 percent, while projects in early planning at 385 projects/69,541 rooms are down by 18 percent.

    The top hotel companies in the Asia Pacific Construction Pipeline, excluding China, are: Marriott International with 238 projects/53,986 rooms, InterContinental Hotels Group (IHG) with 121 projects/28,278 rooms, and Hilton Worldwide with 70 projects/15,281 rooms. The largest brand in the Pipeline for each of the these companies are: Marriott Hotels with 29 projects/7,930 rooms, IHG’s Holiday Inn with 45 projects/11,676 rooms and Hilton Hotels with 24 projects/6,102 rooms.

    The top three countries in the Asia Pacific Construction Pipeline, excluding China, are: Indonesia with 372 projects/61,832 rooms, India with 247 projects/38,386 rooms and South Korea with 182 projects/40,339 rooms. Cities with the largest pipelines are: Seoul with 154 projects/30,456 Rooms, Jakarta with 112 projects/20,410 rooms, Kuala Lumpur with 48 projects/11,752 rooms and Tokyo with 48 projects/10,946 rooms.

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