Hotel Construction Pipeline Asia Pacific Retaining its spot as the most active region in the world for new hotel development, Asia Pacific has 2,635 projects in the pipeline according to the latest data from Tophotelprojects, amounting to a total of 446,260 rooms under construction. As in previous reports, China has the largest pipeline by far, with 1,482 projects planned in comparison to India’s 171. Even more remarkable is that by key count, the People’s Republic constitutes over 75% of rooms planned for the entire region. Chengdu, Shanghai and Suzhou top the chart in terms of number of projects in the works, and it comes as no surprise that nine of the ten most active cities in Asia Pacific are in China. Elsewhere in the region, India and Australia continue to attract interest from international players, a notable announcement being the addition of a 210-key Four Seasons Hotel in Melbourne, set to occupy a newbuild high-rise slated to become the world’s tallest vertical garden when it completes in 2027. Vietnam too is experiencing growth thanks to signings by Marriott, Hilton, IHG, Accor and Radisson across the full spectrum of brands ranging from select-service to luxury and lifestyle.
TOP CITIES CHENGDU Projects 62 Rooms 13,634
XIAN Projects 42 Rooms 8,687
SHANGHAI Projects 61 Rooms 11,184
HANGZHOU Projects 41 Rooms 9,669
SUZHOU Projects 46 Rooms 10,303
SHENZHEN Projects 41 Rooms 9,457
BANGKOK Projects 44 Rooms 11,496
GUANGZHOU Projects 41 Rooms 9,105
Projects Rooms
140
ZHUHAI Projects 39 Rooms 8,383
TOP COUNTRIES
In all, Asia Pacific is set to add almost 200,000 rooms to its inventory this year, with a further 150,000+ planned for 2023.
Tophotelprojects is a data service to support the design, build, furnishing and operation of hotels worldwide. For more information visit: www.tophotelprojects.com
NANJING Projects 41 Rooms 8,818
Projects Rooms
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CHINA 1,482 341,163
INDIA 171 26,582
AUSTRALIA 154 27,149
VIETNAM 129 54,034
THAILAND 118 29,521
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INDONESIA 115 20,797
JAPAN 77 19,073
MALAYSIA 74 23,143
PHILIPPINES 60 15,333
RUSSIA 50 11,070