UK reports most hotel rooms in construction in Europe

The UK has reported the most hotel rooms in construction in Europe with 15,643 rooms in 148 hotels in the pipeline, according to STR. STR s August 2016 pipeline report shows Europe reported 64,454 rooms across 433 projects as in construction for the month; a 19.9% increase compared with August 2015.

150,530 rooms over 1,055 projects were under contract in Europe last month; a 15.7% increase in rooms under contract in year-on-year comparisons. Only three other countries reported more than 5,000 rooms in the construction phase: Germany (11,006 rooms in 56 hotels), Turkey (7,951 rooms in 52 hotels) and Russia (7,537 rooms in 37 hotels).

Under contract data includes projects in the construction, final planning and planning stages but not unconfirmed.

London records highest revpar figures of the year in July >>1

Birmingham hotels see spring occupancy rates boost >>2

London reports most rooms in construction in Europe >>3

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References

  1. ^ London records highest revpar figures of the year in July >> (www.thecaterer.com)
  2. ^ Birmingham hotels see spring occupancy rates boost >> (www.thecaterer.com)
  3. ^ London reports most rooms in construction in Europe >> (www.thecaterer.com)
  4. ^ Looking for a job?

    See all the current hotel vacancies available with The Caterer (jobs.thecaterer.com)

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