Seoul, Jakarta and Tokyo Top Cities in Asia with Largest Hotel Construction Pipeline
September 14, 2016 2:47pm
September 14, 2016 – PORTSMOUTH, NH – Lodging Econometrics (LE) reports that, excluding China, the top three cities in Asia with the largest hotel construction pipelines by rooms are: Seoul with 26,008 Rooms/124 Projects, Jakarta with 21,390 Rooms/122 Projects, and Tokyo with 12,029 Rooms/54 Projects.
Excluding China, the leading franchise companies in Asia’s Hotel Construction Pipeline are: InterContinental Hotels Group (IHG) with 26,211 Rooms/116 Projects, Marriott International with 25,912 Rooms/110 Projects and Starwood Hotels & Resorts with 25,632 Rooms/115 Projects.
The leading brand for each of the top three franchise companies in Asia’s Pipeline, excluding China, are: IHG’s Holiday Inn with 10,372 Rooms/42 Projects, Marriott Hotel with 7,167 Rooms/25 Projects and Starwood’s Sheraton Hotel with 6,444 Rooms/27 Projects.
Tags: lodging econometrics,
hotel construction pipeline
Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.
Contact: Emily Lloyd
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