Back To Press Releases

STR: Europe hotel construction up 44.3% in October

Comments 0

LONDON—STR’s hotel pipeline data for Europe showed 1,620 projects accounting for 205,383 rooms in construction as of October 2019. This represented a 44.3% year-over-year increase in the number of rooms in the final phase of the development pipeline.

A majority of the region’s rooms in construction are in three segments. Of those three, unaffiliated projects represented the largest percentage increase (+88.7%) in activity year over year.

  • Unaffiliated: 67,829 rooms (+88.7%)

  • Upscale: 40,750 rooms (+30.9%)

  • Upper Midscale: 32,945 rooms (+30.6%)

Four countries reported more than 8,000 rooms under construction. Germany led with 51,544 rooms, which represented 7.6% of the country’s existing supply, followed by the United Kingdom (40,867 rooms, 6.0% of existing supply).

  • Germany: 51,544 rooms (7.6%)

  • United Kingdom: 40,867 rooms (6.0%)

  • Spain: 26,166 rooms (3.9%)

  • France: 8,247 rooms (1.5%)

About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit and

+44 (0)207 922 1965