Finance & DevelopmentDevelopmentAsia Pacific Pipeline, Excluding China, Remains Steady

Asia Pacific Pipeline, Excluding China, Remains Steady

PORTSMOUTH, N.H.—The most recent Asia Pacific Construction Pipeline Trend Report by analysts at Lodging Econometrics found that the total hotel pipeline for the region, excluding China, has 1,561 projects with 314,716 rooms, up 1 percent by projects year-over-year (YOY).

The number of projects under construction—834 with 172,518 total rooms—is down 2 percent YOY. A total of 308 Asia Pacific projects with 66,676 rooms are scheduled to start construction in the next 12 months—up 11 percent. Projects in the early planning phases of the Asia Pacific Pipeline total 419—up by two projects—with 75,522 rooms.

Excluding China, the top hotel companies in the Asia Pacific construction pipeline are Marriott International with 230 projects/51,852 rooms, InterContinental Hotels Group (IHG) with 125 projects/29,135 rooms, and Hilton Worldwide with 69 projects/14,669 rooms. The largest brand in the pipeline for each of the these companies respectively is Marriott’s Sheraton Hotels with 30 projects/7,436 rooms, IHG’s Holiday Inn with 45 projects/11,676 rooms and Hilton Hotel & Resorts with 21 projects/5,411 rooms.

The top three countries in the Asia Pacific region with the largest hotel construction pipeline, excluding China, are Indonesia (397 projects/65,242 rooms), India (227 projects/35,633 rooms), and South Korea (174 projects/36,410 rooms). Seoul is the city with the largest hotel construction pipeline, with 148 projects totaling 27,084 rooms, followed by Jakarta (112 projects/20,300 rooms), Tokyo (47 projects/11,908 rooms), and Kuala Lumpur (45 projects/10,924 rooms).