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October 28, 2010

UK Hotel Pipeline Highest in Europe

London, UK, stands first in Europe's hotel development pipeline with more than 9,700 hotel rooms, according a report by US marketing agency STR Global. The report says that 10,000 hotel rooms in the UK are in varying degrees of construction, mainly for the upcoming Olympic Games.

By cms admin

London, UK, stands first in Europe’s hotel development pipeline with more than 9,700 hotel rooms, according a report by US marketing agency STR Global.

The report says that 10,000 hotel rooms in the UK are in varying degrees of construction, mainly for the upcoming Olympic Games.

Second on the list is German capital Berlin with 4,469 hotel rooms under development.

Moscow, Russia, has 3,900 new hotel rooms coming online and ranks third on the list.

Hotels in Europe show a decline evidenced by the policies of many large European hotel chains.

In total, Europe has over 120,000 hotel rooms that are either planned or under construction, according to city-of-hotels.com.

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