Snapshot of hotel markets: U.S. still strongest expanding

Tophotelprojects.com provides project details of major new first-class and luxury hotels worldwide – 286 new hotel projects added – 584 hotel projects updated

Hamburg/Germany, April 14, 2008
Where are the fastest growing hotel markets? Tophotelprojects.com is the leading data provider for first class and luxury hotel projects being developed in all major global markets. Tophotelprojects.com tracks the development of more than 1,700 key hotel projects around the world and constantly updates each projects progress and key personnel contact details.

Ranking of the fastest expanding hotel markets
(Only first class and luxury hotel projects until 2012, sorted by number of rooms)
U.S. - 304 hotel projects / 108,723 rooms
China - 189 hotel projects / 72,427 rooms
Germany - 234 hotel projects / 40,791 rooms
India - 128 hotel projects / 22,641 rooms
(These figures show the number of top hotel projects as of April 2008;
no liability for comprehensiveness assumed)

For suppliers to the hospitality industry the online database tophotelprojects.com provides information about new hotel projects with key project details.  From number of rooms, operator, opening date, complete address and key personnel contact details (project developer, investor, architect).

The annual licence fee ranges from USD 1,425 / GBP 750 to USD 3,750 / GBP 2,010. “This means less than 1.30 US Dollar per project for a comprehensive project data sheet,” says Mr Andreas Rohde, Sales Manager of tophotelprojects.com.

Today, tophotelprojects.com features more than 1,750 top hotel projects. Every month not only are 100 to 150 new hotel projects added, but all projects in the database are constantly updated and tracked.

Current Project Figures – April 2007
Project in total: 1,757
Number of first class hotels: 744
Number of luxury hotels: 882
New hotel projects added since March 2008: 286

“If you want to know where the leading hotel groups are developing their largest hotels, ask me,” Rohde says. For example, Hilton International is planning to open more than 75 large hotels around the globe, and, The InterContinental Hotel Group (IHG) is developing nearly 80 new hotels. Similarly, The Rezidor Hotel Group is planning approx. 80 hotels by 2012, and Starwood Hotels & Resorts plans more than 250 top hotels over the next five years. Tophotelprojects.com provides you the full overview and individual data of the leading hotel projects all around the world.

About CHD Expert Group
The CHD Expert Group (CHD) has for the last ten years helped  the hospitality industry collect, manage and analyse business data in the Away-from-Home market. CHD Expert Group is recognized as a global leader in this field. CHD Expert has the largest database (over four million records) relating to the  European and North American markets. For the rapidly growing global Away-from-Home Market, CHD Expert has become an essential business tool.

More information:
www.tophotelprojects.com

Contact:
Germany office - Mr Rolf W. Schmidt, rschmidt@chd-expert.com
CHD Expert Germany
Veerser Weg 2b,  D–27383 Scheessel / Germany (near Hamburg)
Tel. +49 (4263) 301 300, Fax +49 (4263) 301 333

UK office – Mr Maurice Abboudi, mauriceabboudi@tophotelprojects.com
Tel. +44 (20) 7486 5000

US + Canada office – Mr Paul Hagège, phagege@chd-expert.com
Tel. ++1 (312) 575 9755

Press services:
Mr Carsten Hennig, presse <at> chd-expert <dot> de
Tel. +49 (4263) 301 131, Mobile +49 (160) 958 377 56