The Hotel Times - June 2008 - (Page 21) DEVELOPMENT OUTLOOK United States Under construction Washington, D.C. New York Chicago Orlando Phoenix 7,386 9,837 4,546 7,769 4,781 Starts in next 12 months 8,462 5,749 8,005 7,442 7,975 Early planning 10,035 8,350 7,464 3,766 5,827 Total guestrooms 25,883 23,936 20,015 18,977 18,583 Total projects 152 146 104 69 122 As of Q1 2008 Development pipeline Under construction Asia-Pacific Starts in next 12 months 39,316 22,896 7,068 5,860 2,756 Early planning 45,970 30,034 4,404 7,485 3,198 Total guestrooms 318,780 77,393 22,329 16,704 11,815 Total projects 1,236 487 128 61 61 As of Q4 2007 China India Thailand Vietnam Indonesia 233,494 24,463 10,857 3,359 5,861 Construction pipeline * The LE Pipeline consists of ground-up new hotel construction, condo-hotels and realestate conversion projects that, when opened, will add to the future supply of guestrooms. The pipeline includes those projects announced into the public domain, having dedicated land parcels and being actively pursued by the developer as of the close of the quarter. Visit www.lodgingeconometrics.com for more information. www.TheHotelTimes.com June 2008 The Hotel Times 21 http://www.lodgingeconometrics.com http://www.lodgingeconometrics.com http://www.TheHotelTimes.com
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