PORTSMOUTH, NH—The most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, finds that the region’s total pipeline has 1,673 projects totaling 349,081 rooms, up 12 percent by projects and 17 percent by rooms year-over-year (YOY), according to Lodging Econometrics. The number of projects under construction in the Asia-Pacific region is up 19 percent YOY at 959 projects/208,153 rooms. The number of projects scheduled to start construction in the next 12 months is up 26 percent ...

The post Asia-Pacific Hotel Construction Continues Double-Digit Growth appeared first on LODGING.


PORTSMOUTH, NH—The most recent Asia-Pacific Construction Pipeline Trend Report, excluding China, finds that the region’s total pipeline has 1,673 projects totaling 349,081 rooms, up 12 percent by projects and 17 percent by rooms year-over-year (YOY), according to Lodging Econometrics.

The number of projects under construction in the Asia-Pacific region is up 19 percent YOY at 959 projects/208,153 rooms. The number of projects scheduled to start construction in the next 12 months is up 26 percent at 368 projects/72,819 rooms, while projects in early planning stages are down 14 percent YOY at 346 projects/68,109 rooms.

The post Asia-Pacific Hotel Construction Continues Double-Digit Growth appeared first on LODGING.


Read full article on Lodging Magazine



Join WVHTA

WVHTA’s members represent many of the attractions, restaurants, hotels, suppliers, service providers and employers that contribute $3.9 billion dollars to West Virginia’s economy annually.  WVHTA represents these members to state government and is their connection to similar organizations nationwide. Through the association’s work, members come together to maintain a strong, united voice dedicated to promoting and supporting hospitality and travel in West Virginia

Become a member today!

twitter

Explore WV


West Virginia Hospitality & Travel Association | 3422 Pennsylvania Ave. | Charleston, WV 25302 | 304-342-6511 | website by brickswithoutstraw