Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the fourth quarter, according to December 2022 data from STR.December 2022 (% changes in comparison with December 2021)
Europe
- In Construction: 189,698 rooms (-14.5%)
- Final Planning: 140,663 rooms (-14.1%)
- Planning: 153,587 rooms (-3.6%)
- Total Under Contract: 483,948 (-11.2%)
Germany (36,162) and the U.K. (28,426) lead Europe in total rooms in construction.
Asia Pacific
- In Construction: 476,942 rooms (+0.6%)
- Final Planning: 108,955 rooms (-36.0%)
- Planning: 305,339 rooms (+2.6%)
- Total Under Contract: 891,236 rooms (-5.4%)
Among countries in the region, China has the most rooms in construction (300,163), followed by Vietnam (31,570).
Middle East & Africa
- In Construction: 122,686 rooms (-5.8%)
- Final Planning: 41,086 rooms (+6.0%)
- Planning: 74,863 rooms (+11.5%)
- Total Under Contract: 238,635 (+1.1%)
Saudi Arabia (40,742) and United Arab Emirates (27,456) lead in construction activity.
Americas
- In Construction: 207,112 (-2.1%)
- Final Planning: 244,982 (+11.3%)
- Planning: 284,829 (-13.6%)
- Total Under Contract: 736,823 (-3.2)
The U.S. holds the majority of rooms in construction (159,344) in the region and showed its first year-over-year increase in the phase since late 2020. After the U.S., Mexico (11,398) and Canada (6,752) have the highest number of rooms in construction in the region.
