According to the January 2013 STR Global Construction Pipeline Report, London has 2,181 rooms under construction whilst the overall European hotel development pipeline comprises 869 hotels totalling 145,303 rooms.
The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the major markets in the region, Istanbul, Turkey, reported the largest number of rooms under construction in January with 4,228 rooms. Five other markets reported more than 1,000 rooms under construction: Moscow, Russia (2,523 rooms); London, United Kingdom (2,181 rooms); Berlin, Germany (2,077 rooms); Amsterdam, Netherlands (1,775 rooms); and Vienna, Austria (1,061 rooms).
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STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information.
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