A deep-dive into the TOPHOTELPROJECTS construction database reveals that there are almost 600 hotel projects in the pipeline across South-East Asia.
According to our research team, 579 hotel schemes with 162,343 keys are already in the works across South-East Asia. We take a closer look at the region’s key development trends.
South-East Asia’s hotel openings by year
2021 will be a busy year in the South-East Asian hotel market, with 207 projects and 52,619 rooms scheduled to complete, of which 37 schemes and 8,449 keys are currently in the pre-opening phase.
For 2022, another 122 openings are planned, bringing 40,122 rooms into play. In 2023, only 77 launches have been lined up thus far, while a further 173 are being mooted for 2024 and beyond.