STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries.
Europe is the only world region that showed a year-over-year decrease in overall pipeline activity at the end of the first quarter, according to CoStar's March 2025 pipeline data.
Europe
Germany leads Europe in total rooms in construction (26,117), closely followed by the United Kingdom (24,115).
Asia Pacific
Among countries in the region, China (332,325) led in construction activity, followed by Vietnam (38,783) and India (38,228).
Middle East & Africa
Most of the region’s pipeline activity is focused in the Middle East. Saudi Arabia (42,800) and the United Arab Emirates (16,019) have the most rooms in construction.
Americas
The U.S. (144,760) holds the majority of rooms in construction in the region. After the U.S., Mexico (13,891), Canada (10,374) and Brazil (5,407) show the highest number of rooms in construction.
The Canadian Hotel Investment Conference (CHIC) returned to the Hilton Toronto for its 29th year, drawing more than 500 attendees and close to 50 vendors for a full day of networking, market insight and sector-specific…
Paul Y. Construction (B.C) Ltd. has announced the groundbreaking of new dual-branded hotel in the heart of downtown Vancouver.
As Metro Vancouver faces an urgent need for more hotel rooms, Bosa Properties has acquired the Best Western Plus Burnaby Hotel and an adjacent property on Kingsway, signalling a strategic bet on the city's growing…
Beechwood Real Estate Advisors, Brokerage Inc. has announced the successful completion of two off-market hotel transactions, with properties located in Simcoe, Ont., and Truro, N.S.