24,801 rooms, 8% of existing supply in India, under construction: STR

STR’s hotel pipeline data for the Asia Pacific region showed 2,109 projects accounting for 470,650 rooms in construction as of July 2019. Five countries reported more than 20,000 rooms under construction including India where 24,801 rooms, 8.4% of existing supply is under construction. China led with 244,233 rooms, which represented 9.4% of the country’s existing supply and Japan with 43,012 rooms, 6.3% of existing supply.