Nearly 18,000 hotel bedrooms ‘under contract' in London

16 December 2014 by
Nearly 18,000 hotel bedrooms ‘under contract' in London

London continues to be the busiest city in Europe for hotel development, with 17,919 bedrooms under contract, according to the November 2014 STR Global Construction Pipeline Report.

Projects under contract include those in construction, final planning and planning, but not unconfirmed hotels.

The capital is way ahead of other cities for hotel development with Istanbul in second place with 7,487 rooms in the pipeline.

Meanwhile, Manchester has 4,362 rooms under contract; followed by Moscow (3,563 rooms); Amsterdam (3,507 rooms); Berlin, Germany (2,540 rooms); and Munich (2,433 rooms).

London beats Europe hotel pipeline for September >>

Pipeline of new UK hotels slows down, but re-branding is up >>

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