October 2019 a robust month for new hotel openings [Infographic]

by | 07 Oct 2019 | Projects

The new CitizenM Bosten North Station is now open to welcome its guests (Picture: CitizenM)

Both the Asia-Pacific and North American regions have nearly 70 hotels slated to make their debuts.

October 2019 is shaping up to be a robust and dynamic month for hotel development, according to a new report from TOPHOTELCONSTRUCTION.

In fact, numbers from TOPHOTELCONSTRUCTION show that while there is growth throughout the entire international hospitality market, the North American and Asia-Pacific regions are out ahead of the pack, with nearly 70 new development projects a piece. That really is a staggering number, compared to the rest of the world.

Still, that’s not to say the other regions aren’t growing as well.

Growth in North America and Asia-Pacific markets

It is, perhaps, unsurprising that North America and the Asia-Pacific are the two leading markets in October 2019, according to info from TOPHOTELCONSTRUCTION.

Those two markets are generally out in front of the rest of the world. What is maybe a little surprising is just how dynamic those regions are shaping up to be in October 2019.

While Asia-Pacific has the lead with 68 new properties, North America is not far behind with 65 slated to open their doors soon.

What is the rest of the world up to?

As mentioned above, while the North American and Asia Pacific markets are unquestionably leading the way, other parts of the world are not slouching.

Europe, a traditional hospitality market that always remains quite strong, is in third place with 35 new hospitality projects.

Meanwhile, the rising Middle East and Africa market have a combined total of 16, and South America has 8 launches to celebrate.

It all adds up to a total of 192 new hotel projects in October 2019, which once completed will yield as many as 34,639 rooms.

Let’s have a look at the latest TOPHOTELCONSTRUCTION infographic for an overview:

MORE NEWS
No men, amen: Spain’s first women-only hotel launches in Mallorca
Dubai’s $1.4bn mega hotel project Atlantis2 set to launch by Q4 2020
DesignLSM appoint Holly Hallam as new Managing Director
Irish tourism board: Dublin tourism under threat due to lack of hotels and Brexit
Hotel trends: Big brands get in on the microhotel action
Heather McCrory talks growth and female leadership with Accor in the Americas [Construction Report]
Indian hospitality start-up Oyo now valued at $10 billion
Pain in Spain: Thomas Cook demise prompts 500 hotels to close
Africa’s top and bottom 5 hospitality investment markets unveiled
Salute to his service: 21-year-old works 32 hours at Texas hotel during flood
Frank Holzapfel, Managing Owner of J.T. Ronnefeldt KG, passes away
Bucket list goals: Saudi Arabia broadens access for international tourists [Infographic]
Sector highlight: Huge volume of F&B offerings to open in Africa by 2025
THN in-depth: Global wellness real estate market will be worth $180 billion by 2022
Regional focus: Africa hotel RevPAR grows for 87 months in a row, says STR [Infographic]
The next step: Airbnb plans to go public in 2020
Bells, whistles & robots: Guestline showcases futuristic hotel room prototype
Airbnb expands from renting into designing houses
Industry pledges $6.5m to help the Bahamas rebuild after hurricane Dorian
Manchester hotel makes history with world’s most expensive beer at £55,000

CHRISTMAS COUNTDOWN

Visit us daily to receive a huge discount on the TOPHOTELCONSTRUCTION online database plus loads of valuable giveaways!

You have Successfully Subscribed!

Pin It on Pinterest

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close