London beats Europe hotel pipeline for September

16 October 2014 by
London beats Europe hotel pipeline for September

Greater London has reported the largest number of hotel rooms under contract in Europe, with 17,370 rooms, according to the September 2014 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.

The Europe hotel development pipeline comprises 892 hotels totalling 141,112 rooms.

Seven other markets reported more than 2,000 rooms under contract: Istanbul, Turkey (7,085 rooms); Moscow, Russia (4,060 rooms); Manchester, England (4,034 rooms); Greater Berlin, Germany (2,866 rooms); Greater Amsterdam, Netherlands (2,749 rooms); Hamburg, Germany (2,709 rooms); and Greater Munich, Germany (2,356 rooms).

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