STR: Europe only region with hotel construction growth

Buildings in Frankfurt
Buildings in Frankfurt. (David Mark/Pixabay)

At the end of Q2 2021, Europe remained the only world region with a year-over-year increase in hotel rooms in construction, according to June pipeline data from STR. In June 2021, the industry reported some significant percentage changes compared to the same month in 2020. 

Europe

In Construction: 237,304 rooms (+7.9 percent)
Final Planning: 177,165 rooms (+13 percent)
Planning: 147,712 rooms (-6.4 percent)

Germany (49,027) and the U.K. (36,444) lead Europe in total rooms in construction.

Read more on our our sister publication Hotel Management