Shanghai has more new hotel rooms under development than any other Asia Pacific city.
According to the latest pipeline report from STR, there are now 37 hotels comprising 8,762 rooms under construction in Shanghai.
Another Chinese city, Chengdu, is second with 28 hotels and 7,285 rooms, while the two major Indonesian markets of Jakarta (27 hotels, 6,978 rooms) and Bali (32 hotels, 5,697 rooms) are third and fourth respectively.
In total there are now 1,089 hotel projects under construction across the Asia Pacific region, with 252,195 rooms. This marks a 2.0% increase (in terms of rooms) compared to this time last year.
Comments are closed.