Development in Europe is being driven by upscale and independent hotels, according to the November 2010 STR Global Construction Pipeline Report.
"Upscale brands make up most of the European pipeline (26,490 rooms), followed by independent hotels (24,348 rooms)," said Elizabeth Randall, MD of STR Global. "The luxury and economy scales, which usually receive most of the attention, currently have 12,137 and 15,539 rooms in the pipeline, respectively." The total pipeline was 732 hotels, totalling 124,348 rooms.
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