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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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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]