Analysts at Lodging Econometrics (LE) report that in the third quarter of this year the total construction pipeline in Canada stands at 247 projects/29,954 rooms.
According to global real estate intelligence provider Lodging Econometrics (LE), the country topping the Europe Construction Pipeline by project count is Germany with 246 Projects/47,927 Rooms.
In June, 612,210 rooms in 2,767 hotel developments were under contract in the Asia Pacific region, as revealed in STR’s June 2017 Pipeline Report, marking a 6.2 percent increase in keys year-on-year.
According to STR’s June 2017 Pipeline Report, the Central and South America region has 58,925 rooms in 378 hotel projects under contract, representing an 11.2 percent decrease in keys compared to June 2016.
Claimed to be the first factory converted hotel in Kowloon Bay, Camlux Hotel has recently celebrated its grand opening.
Concorde Hotel Singapore announced the launch of the brands newly renovated guestrooms, set to enhance the overall guest experience and increase levels of comfort, with revamped bathrooms, wallpapers, lighting fitments and carpets among other upgraded amenities.