Pipeline data particulars current hotel stock and projected growth internationally. Building data is gathered from the major chains and management corporations, tracking all stages of development. Phase definitions:
- Existing supply: All the hotels unlocked and working, comprising those opened in the last 12 months.
- Recently opened: Released within the past 12 months.
- In construction: Definite, under contract projects where construction will begin in the next 12 months.
- Planning: Confirmed, under contract projects where building will arise in more than 13 months.
- Unconfirmed: Possible projects that remains unconfirmed at this time. STR is unable to identify the existence of these projects through a company chain feed or other provable source.