Hospitality Career E-Mag: NEWS | Mumbai has 5,117 rooms in active pipeline: STR Global

The Asia/ Pacific hotel development pipeline comprises 1,804 hotels totalling 387,179 rooms, according to the April 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the in construction, final planning and planning stages but does not include projects in the pre-planning stage. Among the markets in the region, Manila, Philippines, reported the largest expected supply growth (+43.0 percent) if all 9,968 rooms in the market’s total active pipeline open.

Six other markets reported expected room growth of more than 10 per cent: Mumbai, India (+25.2 per cent with 5,117 rooms in the active pipeline); Jakarta, Indonesia (+23.8 per cent with 8,115 rooms); Bali, Indonesia (+19.7 per cent with 7,587 rooms); Brisbane,

Australia (+13.9 per cent with 1,698 rooms);

Kuala Lumpur, Malaysia (+11.7 per cent with 3,611 rooms); and Phuket,

Thailand (+11.4 per cent with 2,928 rooms).

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