STR: World Regions Show Decline in Hotel Pipeline Activity
HENDERSONVILLE, Tennessee—Each of the four world regions showed a year-over-year decline in hotel pipeline activity at the end of the second quarter, according to June 2022 data from STR. The following data is from June 2022, with percent changes in comparison with June 2021: Europe In Construction: 207,315 rooms (down 12.6 percent) Final Planning: 150,164 rooms (down 15.2 percent) Planning: 163,380 rooms (up 10.6 percent) Total Under Contract: 520,859 (down 7.4 percent) Germany (40,729) and […]
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