Asia Pacific’s Top Development Markets, Franchise Companies, and Brands

    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.