Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Istanbul is busier than London for hotel construction

13 August 2015 by
Istanbul is busier than London for hotel construction

Istanbul has moved ahead of London as the busiest city in Europe for hotel construction, while the overall trend for new developments is down by 9.4% year-on-year.

There are currently 804 hotels, comprising 131,389 rooms under contract across the continent, according to the July 2015 STR Global Construction Pipeline Report. The under contract data includes projects in the in construction, final planning and planning stages but does not include projects in the unconfirmed stage.

Greater London, with 3,759 rooms in 22 hotels in the pipeline, follows Istanbul, which has 4,584 rooms in 23 hotels under construction.

Other markets reporting more than 2,000 rooms under construction include Moscow, Russia (3,071 rooms in 13 hotels) and Greater Amsterdam, Netherlands (2,346 rooms in eight hotels).

High occupancy levels in June for London hotels >>

Record February performance for London hotels >>

London hotels end 2014 with record-breaking revpar figure >>

Looking for a job? See all the current hotel vacancies available with The Caterer Jobs >>

Latest video from The Caterer

TagsHotels
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking