According to the September 2014 STR Global Construction Pipeline Report on the hotel infrastructure development in the region, 637 hotels totalling 151,205 rooms, are under contract .
The “under contract” data includes under construction, final planning and / or planning stages but not projects in an unconfirmed stage.
Most rooms are planned in the super upscale sector with 5,419 rooms in 18 hotels immediately followed by the unaffiliated representing 4,626 rooms in 22 hotels whereas the upscale 3,531 rooms and the luxury 3,480 rooms in 13 hotels and 15 hotels respectively.
In 2015, 145 hotels with 32,371 rooms are planned to open in the region. The super upscale segment is expecting to add 38 hotels and 12,516 rooms making it the largest provision of rooms amongst the different sectors, followed by the luxury 26 hotels and 5,318 rooms and the upscale 31 hotels with 5,024 rooms.
It is however to be noted that to date, 139 hotels with 33,232 rooms have opened in the region and 82 with 18,538 rooms will follow within the year in the region.