According to a STR Global Construction Pipeline Report, some 925 new hotels with 149 thousand plus rooms are under development in Europe.
The report details projects that are under construction, in final planning, and at various stages of planning. Countries represented in the report include; the United Kingdom (11,087 rooms), Russia (9,140 rooms), Turkey (6,962 rooms), Germany (6,804 rooms), Poland (2,484 rooms), France (2,445 rooms), Italy (2,392 rooms), and Netherlands (2,140 rooms). In correlative news, TopHotelProjects lists in excess of 1700 projects underway in various stages of completion.
Of interesting note, the Akademichesky project, at the foothills of the Urals in central Russia, is for the creation of a new 350,000 citizen city on a 1500 hectare site near Yekaterinburg. It is, in the words of the head of RENOVA Stroy Group, Veniamin Golubitsky (below right), “the largest such project in Europe.” This Russia project is ultra forward thinking, even to the point of excluding automobiles from the central transportation planning.
Again concerning Russia, InterContinental Hotels Group, announced plans to open 70 hotels across Russia by 2020. This, according to their Aron Libinson, Vice President of Strategic Development Russia and CIS on Tuesday of last week. The group just recently opened the Indigo Hotel in Madrid (top left).
In addition, Travel Mole reports Thomson expanding its flagship Sensatori concept hotels for summer 2015 by opening three new properties, including one in Ibiza. The group also opens one new Turkey and and a single Cyprus hotel, according to the report.
