Hotel Construction Decreased YOY In Europe In December Of 2021, According To STR

Published on Jan 19 2022 12:20 PM in Hotel tagged: Trending Posts / STR


According to hotel industry market data company STR, the number of hotel rooms in construction in Europe decreased by 7.6% year-on-year to 221,789 in December of 2021.

Additional Europe Figures

In a statement published on its website, STR said that the number of hotel rooms in final planning in Europe decreased by 4.9% year-on-year to 163,805 in December of 2021, while the number of rooms in planning increased by 4.7% year-on-year to 159,232 and the total number of rooms under contract decreased by 3.5% year-on-year to 544,826.

STR noted that Germany and the UK led Europe regarding the total number of rooms in construction, with 45,121 and 31,464, respectively.

Asia Pacific, Middle East & Africa And The Americas

Meanwhile, the total number of hotel rooms under contract in Asia Pacific increased by 6.5% year-on-year to 941,880 in December of 2021, the total number of hotel rooms under contract in the Middle East & Africa decreased by 4.9% year-on-year to 236,132, and the total number of hotel rooms under contract in the Americas decreased by 1.0% year-on-year to 760,971, with the US holding most of the hotel rooms under construction in that region, following by Mexico with 14,020 and Canada with 6,856, according to STR's data.

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