Construction Pipeline Middle East And Africa

Middle East and Africa Hotel Development Pipeline For April 2014 Increases to 581 Hotels

Among the countries in the region, United Arab Emirates reported the most rooms under construction with 16,762 rooms. Other countries to report a significant number of rooms under construction include: Saudi Arabia (16,336 rooms); Qatar (5,757 rooms); Egypt (2,966 rooms); Morocco (2,466 rooms); and Jordan (2,438 rooms).

STR Global The Middle East/Africa hotel development pipeline comprises 581 hotels totalling 137,799 rooms, according to the April 2014 STR Global Construction Pipeline Report. The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the countries in the region, United Arab Emirates reported the most rooms under construction with 16,762 rooms. Other countries to report a significant number of rooms under construction include: Saudi Arabia (16,336 rooms); Qatar (5,757 rooms); Egypt (2,966 rooms); Morocco (2,466 rooms); and Jordan (2,438 rooms).

Please note: STR recently revised the pipeline definitions. What was formerly known as the Total Active Pipeline is now referred to as Under Contract. The Pre-Planning phase also has been renamed to the Unconfirmed phase. 

About STR Global

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and Hotel News Now. For more information, please visit www.strglobal.com.



Logos, product and company names mentioned are the property of their respective owners.

comments powered by Disqus