Construction Pipeline Middle East And Africa

Middle East and Africa Hotel Development Pipeline For May 2014 Increases to 589 Hotels

Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms Under Contract with 35.8 percent and 49,260 rooms.

STR Global The Middle East/Africa hotel region reported 589 hotels Under Contract totalling 137,784 rooms, according to the May 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 Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms Under Contract with 35.8 percent and 49,260 rooms. Three other segments each accounted for more than 10 percent of rooms Under Contract: the Upscale segment (19.0 percent with 26,117 rooms); the Luxury segment (18.2 percent with 25,044 rooms); and the Unaffiliated segment (14.0 percent with 19,327 rooms).

The Upper Upscale segment also made up the largest portion of rooms under construction (36.2 percent) with 23,570 rooms. The Luxury segment (20.8 percent with 13,567 rooms) and the Upscale segment (20.2 percent with 13,174 rooms) each made up a significant portion of rooms under construction in the region. 

Please note: STR Global 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.



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