Seoul, Jakarta and Tokyo Top Cities in Asia with Largest Hotel Construction Pipeline
PORTSMOUTH, N.H. September 20, 2016 - Lodging Econometrics (LE) reports that, excluding China, the top three cities in Asia with the largest hotel construction pipelines by rooms are: Seoul with 26,008 Rooms/124 Projects, Jakarta with 21,390 Rooms/122 Projects, and Tokyo with 12,029 Rooms/54 Projects.
Excluding China, the leading franchise companies in Asia's Hotel Construction Pipeline are: InterContinental Hotels Group (IHG) with 26,211 Rooms/116 Projects, Marriott International with 25,912 Rooms/110 Projects and Starwood Hotels & Resorts with 25,632 Rooms/115 Projects.
The leading brand for each of the top three franchise companies in Asia's Pipeline, excluding China, are: IHG's Holiday Inn with 10,372 Rooms/42 Projects, Marriott Hotel with 7,167 Rooms/25 Projects and Starwood's Sheraton Hotel with 6,444 Rooms/27 Projects.
About Lodging Econometrics
Lodging Econometrics (LE) is the lodging industry's leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients' business goals into timely opportunities.
Contact:
Emily Lloyd
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Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
