The number of new European hotel rooms in the development “pipeline” has fallen by just under eight per cent over the past 12 months.

Figures from hotel industry data analyst STR found that there were around 550,000 rooms in the development pipeline across Europe during March, down by 7.7 per cent on the same month in 2021.

This included a 12 per cent decline in the number of rooms currently under construction to 227,000, with the highest number of hotel rooms currently being built in Germany (42,700) and the UK (31,800).

There was a similar scale of decline in hotel developments in their final planning stage in Europe but there was an increase of six per cent year-on-year in total hotel rooms in the initial planning process.

Across the world, only two regions, the Americas and Asia Pacific, showed a year-on-year increase in hotel pipeline activity at the end of the first quarter of 2022, according to STR.

Growth in the Americas region is driven by the US where total rooms in the initial planning stage increased 26.3 per cent year-on-year, while rooms under construction dropped 15.7 per cent and rooms in the final planning stage fell 16.8 per cent.

Throughout the US, around 155,000 rooms are under construction, led by New York with 14,300 rooms, followed by Nashville (4,400 rooms), Miami (3,450 rooms) and Detroit (2,600 rooms).