asia pacific s construction pipeline
Asia Pacific’s Construction Pipeline, Excluding China, Is in Its 5th Year of Growth and May Be Nearing Its Peak
Lodging Econometrics | September 17, 2018
September 17, 2018 - In a recent report, analysts at Lodging Econometrics (LE) report that Asia Pacific's total construction pipeline, excluding China, is in its 5th year of growth and is at an all-time high of 1,749 projects/369,045 rooms. These pipeline totals are up a remarkable 306% by rooms and 270% by projects from the cycle's low of 473 projects/90,946 rooms recorded in the first quarter of 2007 when LE first began tracking development in Asia. Countries in the region are facing strong economic headwinds. Economies are slowing and many currencies compared to the dollar are falling, adversely affecting real estate investment. The ...
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