{"id":203782,"date":"2022-04-18T06:15:15","date_gmt":"2022-04-17T23:15:15","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=203782"},"modified":"2022-04-18T06:34:47","modified_gmt":"2022-04-17T23:34:47","slug":"who-is-building-more-hotels","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2022\/04\/who-is-building-more-hotels\/","title":{"rendered":"Who is building more hotels?"},"content":{"rendered":"\n<p>SINGAPORE, 18 April 2022: Two of the four world regions, the\nAmericas and the Asia Pacific, showed a year-over-year increase in hotel\npipeline activity at the end of the first quarter, according to March 2022 data\nfrom STR.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" data-src=\"https:\/\/www.ttrweekly.com\/site\/wp-content\/uploads\/2021\/09\/BEST-WESTERN\u00ae-HOTELS-600x434.jpeg\" alt=\"\" class=\"wp-image-197402 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 600px; --smush-placeholder-aspect-ratio: 600\/434;\" \/><\/figure><\/div>\n\n\n\n<p><strong>March 2022 (% changes\nin comparison with March 2021)<\/strong><\/p>\n\n\n\n<p><strong>Europe<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In Construction: 226,597 rooms (-12.2%)<\/li><li>Final Planning: 158,057 rooms (-12.7%)<\/li><li>Planning: 164,690 rooms (+5.8%)<\/li><li>Total Under Contract: 549,344 (-7.7%)<\/li><li>Germany (42,712) and the UK (31,796) lead Europe in\ntotal rooms in construction.&nbsp; <\/li><\/ul>\n\n\n\n<p><strong>Asia Pacific<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In Construction: 482,689 rooms (+4.3%)<\/li><li>Final Planning: 147,854 rooms (-19.3%)<\/li><li>Planning: 315,956 rooms (+16.9%)<\/li><li>Total Under Contract: 946,499 rooms (+3.3%)<\/li><li>Among countries in the region, China has the most rooms\nin construction (301,879), followed by Vietnam (32,804).&nbsp; <\/li><\/ul>\n\n\n\n<p><strong>Middle East &amp;\nAfrica<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In Construction: 126,860 rooms (-10.6%)<\/li><li>Final Planning: 37,830 rooms (-17.2%)<\/li><li>Planning: 69,398 rooms (+29.6%)<\/li><li>Total Under Contract: 234,088 (-2.9%)<\/li><li>Saudi Arabia (38,181) and the United Arab Emirates\n(30,367) lead in construction activity.&nbsp;&nbsp;&nbsp;\n<\/li><\/ul>\n\n\n\n<p><strong>Americas<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>In Construction: 207,018 rooms (-14.0%)<\/li><li>Final Planning: 209,353 rooms (-17.7%)<\/li><li>Planning: 346,277 rooms (+30.3%)<\/li><li>Total Under Contract: 762,648 (+0.3%)<\/li><\/ul>\n\n\n\n<p>The US holds the majority of rooms in construction in the\nregion, while Mexico (14,317) and Brazil (7,080) have the highest number of\nrooms in construction in the region.<\/p>\n\n\n\n<p>(Source: STR)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 18 April 2022: Two of the four world regions, the Americas and the Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR. March 2022 (% changes in comparison with March 2021) Europe In Construction: 226,597 rooms (-12.2%) Final Planning: [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[640,246],"tags":[],"class_list":{"0":"post-203782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-hotels","7":"category-singapore"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Who is building more hotels? - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2022\/04\/who-is-building-more-hotels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who is building more hotels? - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 18 April 2022: Two of the four world regions, the Americas and the Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR. 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