Lodging Econometrics (LE) reports that, excluding China, the top four cities in the Asia Pacific region with the largest hotel construction pipelines by rooms are: Seoul with 159 projects/31,233 rooms, Jakarta with 118 projects/20,885 rooms, Kuala Lumpur with 47 projects/11,484 rooms and Tokyo with 49 projects/10,941 rooms. Seoul is the only one of these markets to increase year-over-year with 22 projects added, up 16 percent.
Excluding China, the leading franchise companies in Asia’s hotel construction pipeline are: Marriott International, after the Starwood merger, with 236 projects/54,328 rooms, InterContinental Hotels Group (IHG) with 117 projects/26,664 rooms, Best Western with 62 projects/13,066 rooms and Hilton Worldwide with 59 projects/12,495 rooms.
The leading brand for each of the top three franchise companies in Asia’s pipeline, excluding China, are: Courtyard by Marriott with 30 projects/6,438 rooms, IHG’s Holiday Inn with 43 projects/10,819 rooms, Best Western with 26 projects/3158 rooms and Hilton Hotel with 21 projects/5,088 rooms.
