Europe pipeline up 29.4% | Hotel Management


Hotel pipeline data for Europe showed a 29.4% year-one-year increase to 1,654 projects as of the end of January, according to STR.

Unaffiliated projects represented the largest percentage increase, with 88.7% growth in activity year-on-year.

Of the main three categories, unaffiliated accounted for 69,369 rooms, with upscale at 41,391 rooms
and upper midscale at 35,508 rooms.

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Four countries reported more than 8,000 rooms under construction. Germany led with 52,587 rooms, which represented 7.7% of the country’s existing supply, followed by the UK with 41,199 rooms, or 6.1% of existing supply.

 



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