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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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Asia’s Largest Hotel Investment Conference Next Week

Category: , Posted:16 Oct 2020 | 15:28 pm HICAP, Asia’s biggest hotel investment event of the year is set for next week in a 3-day virtual format. Scheduled for 21st to 23rd October, this is the first year the conference will be live online and not in person, in Hong Kong. C9 Hotelworks Bill Barnett will be moderating a special Thailand panel of […]
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Funkytown – Inside the Cultural Melting Pot

Category: Tourism, Posted:14 Oct 2020 | 09:24 am Join C9 Hotelworks and Delivering Asia Communications on Tuesday 20th October, 2:00 pm Bangkok | 3:00 pm Singapore/Hong Kong for a special one-hour virtual event about the latest trends  in urban Bangkok and the latest from Phuket Town. Registration is free here. Ready, steady, go, straight down the urban rabbit hole of funkytown. Tripping down […]
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Phuket International Reopening Next Week

Category: Tourism, Posted:30 Sep 2020 | 09:33 am The resort island of Phuket is preparing to welcome 120 Mainland Chinese overseas travelers from Guangzhou next week on October 8th. As per government guidelines, the visitors will stay in Alternative Local State Quarantine (ALSQ) hotels for 14 days. According to news sources and the Phuket public health office, there are presently nine hotels approved […]