perspectives business sense state of the industry Top 10 Global Markets Hotel Openings Top 10 Global Markets Hotel Openings TIANJIN UNITED STATES CHINA NEW YORK WASHINGTON, DC SHANGHAI CHENGDU SUZHOU HOUSTON GUANGZHOU HONG KONG SANYA Top 10 Global Markets Hotel Openings INDONESIA DUBAI TIANJIN UNITED STATES CHINA SHANGHAI JAKARTA SUZHOU CHENGDU NEW YORK WASHINGTON, DC UNITED ARAB EMIRATES HOUSTON GUANGZHOU HONG KONG SANYA GUANGZHOU CHENGDU INDONESIAOpenings Prior Hotel 25 37 2012 2013 2014 2016 15 51 25 37 2014 51 Forecast for New Hotel Openings 2015 41 2016 15 2017+ 2014 SANYA 2016 41 Prior Hotel Openings 2012 2014 14 11 14 Forecast for New Hotel Openings 2015 14 2016 2017+ 20 22 2014 69 8 2014 2017+ 14 11 14 20 22 114 2014 Forecast for New Hotel Openings 2015 55 2016 2017+ SHANGHAI 26 70 50 15 HOUSTON 2012 2013 2014 2012 55 2013 15 Forecast for New Hotel Openings 2017+ 2015 16 2016 46 Forecast for New Hotel Openings 8 5 2015 25 2016 2017+ 38 2014 46 15 9 2017+ 15 8 5 2012 2013 DUBAI 25 2014 Forecast for New Hotel Openings 2012 9 2015 8 16 2013 Prior Hotel Openings 2016 38 12 Forecast 2017+ for New Hotel Openings 2015 8 2016 61 36 24 2016 98 Prior Hotel Openings 2014 2014 Forecast for New Hotel Openings 2015 13 2016 94 6 21 Forecast for New Hotel Openings 2015 35 77 2017+ WASHINGTON DC 24 2017+ 77 Prior Hotel Openings 2013 114 21 HOUSTON 2012 Prior Hotel Openings 11 16 2014 2017+ Forecast for New Hotel Openings 2015 35 2016 98 WASHINGTON DC Prior Hotel Openings 11 16 2014 2017+ 2013 Prior Hotel Openings 2013 36 2016 39 Prior Hotel Openings 2012 29 25 JAKARTA 2012 29 25 Forecast for New Hotel Openings 2015 54 2014 Forecast for New Hotel Openings 2012 70 2015 14 2013 50 2016 2014 2013 SHANGHAI 16 2012 2013 2012 Prior Hotel Openings 2017+ 26 11 13 Forecast for New Hotel Openings 2015 22 2016 Prior Hotel2017+ Openings34 2013 SANYA 2012 2015 Prior Hotel Openings Prior Hotel Openings Prior Hotel Openings Forecast for New Hotel Openings 2015 54 2016 39 2017+ NEW YORK 16 2014 22 26 2016 34 HONG KONG 2013 56 69 8 2017+ Forecast for New Hotel Openings 2012 2013 45 35 2012 2012 2013 Forecast UNITED ARAB EMIRATES for New Hotel Openings 2015 2015 2016 2013 26 Forecast for New Hotel Openings 41 Prior Hotel Openings Prior Hotel Openings 2012 2013 2014 11 13 JAKARTA Prior Hotel Openings Prior Hotel Openings 2012 56 NEW YORK HONG KONG 2013 2014 GUANGZHOU CHENGDU 45 35 2012 2013 Forecast for New Hotel Openings JAKARTA 2015 41 2017+ DUBAI Prior Hotel Openings 2017+ 9 2017+ Prior Hotel Openings 2012 15 9 2013 2014 Forecast for New Hotel Openings 2015 13 2016 94 6 DUBAI 15 Forecast for New Hotel Openings 2015 8 2016 61 9 8 12 2017+ 9 54 54 Source: Lodging Econometrics -Source: Lodging Econometrics - Portsmouth, Portsmouth, NH 03801 www.lodgingeconometrics.com NH 03801 - lodgingeconometrics.com hospitalitydesign.com May 2015 127http://www.lodgingeconometrics.com http://www.hospitalitydesign.com