Over 22,000 rooms under contract in India: STR Global

By BW Hotelier ACCORDING TO the December 2015 STR Global Pipeline Report, China reported the most rooms under construction with 146,322 rooms in 464 hotels. Two other countries reported more than 20,000 rooms under construction: Indonesia (23,446 rooms in 126 hotels) and India (22,860 rooms in 138 hotels). There are 2,501 hotels totaling 578,114 rooms under contract in the Asia Pacific region. This represents a 7.5 per cent increase in rooms under contract compared with December 2014 and a 0.6 per cent year-over-year increase in rooms under construction. The under contract data includes projects in the construction, final planning and planning stages but does not include projects in the unconfirmed stage. The region reported 255,224 rooms in 1,021 hotels under construction for the month. Photo is purely representational.