European hotel markets bet on more luxury hotels – New jobs for oustanding careers on hospitality management
London – 13 July 2017 –
STR’s June 2017 Pipeline Report shows 169,046 rooms in 1,100 hotel projects under contract in Europe. The total represents a 17.5% increase in rooms under contract compared with June 2016.
Under contract data includes projects in the in Construction, final planning and planning stages but does not include projects in the unconfirmed stage.Hotel de Crillon Paris
Europe reported 77,263 rooms in 495 projects in construction for the month. Based on number of rooms, that is a 24.0% increase in year-over-year comparisons.