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CHINA HOTEL SURGE 44% of Global Room Pipeline

Category: Hotels, Posted:21 Dec 2010 | 08:40 am

According to data from Lodging Econometrics in their latest global report a booming China economy now accounts for 44% of global hotels under development or a stunning 234, 382 rooms.
One compelling statistic is that 79% of these projects are already under construction which will see new supply come at accelerated rates.
India ranks in with 79,9015 rooms in the pipeline or 454 hotels.
Interestingly for the rest of Asia the pipeline is continuing to flatten out, though 59% of the Southeast Asia pipeline is under construction and most coming on line between now and 2012.

Other News

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Trio Of Phuket Start-Ups As We Go Local

Category: Tourism, Posted:23 Feb 2021 | 10:02 am Too often the image of Phuket does not reflect the power of local brands and entrepreneurs who are positively going about their businesses, despite the pandemic. Today we are pleased to present three episodes of C9 Hotelworks and Delivering Asia Communications Thai road trip video episodes that give short glimpses into the people and  innovation […]
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Why Phuket’s 70% Restart Needs Private Sector Support

Category: Tourism, Posted:21 Feb 2021 | 12:03 pm Last Friday I was able to attend the roundtable discussion that was organized by the Phuket Tourism’s Association’s Khun Bhummikitti Rukaengam at the Angsana Laguna Phuket. It was an impressive turnout, that included large numbers from both the island’s public and private sector and Minor’s Bill Heinecke was in attendance. What is now being proposed […]
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Phuket Sports and Wellness Resort Transacts

Category: Tourism, Posted:20 Feb 2021 | 15:08 pm The 114-room Thanyapura Sports and Health Resort Phuket has been sold to a Thai group. According to a public notice, the new owner is the Yenbamroong family, who are well known in Thailand’s petroleum industry. In the latest move, the sale effectively is a second step to unwinding the Thanyapura integrated education, sports, and health-oriented […]