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The Asia Pacific hotel development pipeline includes 997 hotels with 239,313 rooms, according to the August 2009 STR Global Construction Pipeline Report.
“Hotel construction continues to be strong in the region,” said Duane Vinson, vice president at STR. “The amount of development seen in China and India is truly astounding, with nearly 170,000 rooms in the active pipeline. Thailand and Bangkok specifically are experiencing heavy development with over 6,000 rooms in the In Construction phase and approximately 11,000 in the active pipeline.”
Among the key markets, Shanghai, Penankjh China, reported the most rooms in total active pipeline with 14,944, followed by Bangkok, Thailand, with 9,687 roo Beijing, China, also reported more than 5,000 rooms in the total active pipeline with 6,536 roo
Five markets reported less than 500 rooms: Melbourne, Australia (398 rooms); Seoul, South Korea (344 rooms); Osaka, Japan (274 rooms); Tokyo, Japan (160 rooms); and Brisbane, Australia (156 rooms).
Within the Chain-Scale segments, the Upper Upscale segment accounted for the largest portion of the total active pipeline with 23.9% of rooms (57,180) rooms, followed by the Upscale segment with 23.6% of rooms (56,531 rooms).
Interested vendors are advised to book their tables early, as booking is on a first come, first served basis. Vendors with personal clutter are required to make a donation of Bht 2,000 per table while semi-business vendors’ donation per table is Bht 3,000. Donations in kind will also be accepted to be sold at the event’s Charity Corner.
For this year’s event, a Diplomats’ Table has been set aside for items donated by the diplomatic community. A Lucky Draw will be held for a chance to win prizes, with tickets priced at THB 40 each.
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