STR Releases Q3 2022 Global Hotel Pipeline Activity Update

LONDON—The Middle East & Africa world region was the only one to show an increase in overall hotel pipeline activity at the end of the third quarter, according to September 2022 data from STR. The following information is from September 2022, with changes in comparison with September 2021: Europe In Construction: 197,884 rooms (down 14.1 percent) Final Planning: 144,277 rooms (down 16.1 percent) Planning: 162,896 rooms (up 9.7 percent) Total Under Contract: 505,057 (down 8.3 […]

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