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.
Canada’s tourism industry is on track for measured growth in 2025, with potential tailwinds from a weakened Canadian dollar and evolving domestic spending patterns. According to a recent report from the Business…
Colliers Hotels has confirmed the sale of the 102-room Hampton Inn & Suites Ottawa-West, marking a significant transaction in one of the country’s most active real estate markets.
Hyatt Hotels Corporation and Princes Gates Hotel Limited Partnership have announced that Hotel X Toronto will join the Destination by Hyatt brand, marking the brand’s entrance into Canada.
The Luxury Collection, part of Marriott Bonvoy’s global portfolio, has made its official entry into Atlantic Canada with the addition of Muir, a Luxury Collection Hotel, Halifax. Located in the Queen’s Marque district…