Construction Pipeline Middle East And Africa

Middle East and Africa Hotel Development Pipeline Under Contract Up 50.4 Percent YOY for January 2016

The Under Contract total in the Middle East subcontinent represents a 42.8% increase in rooms Under Contract compared with January 2015 and a 50.4% year-over-year increase in rooms under construction. The Middle East reported 80,350 rooms in 251 hotels under construction for the month.

There are 538 hotels totalling 151,771 rooms Under Contract in the Middle East and 321 hotels totalling 62,194 rooms Under Contract in Africa, according to the January 2016 STR Global Pipeline Report. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

The Under Contract total in the Middle East subcontinent represents a 42.8% increase in rooms Under Contract compared with January 2015 and a 50.4% year-over-year increase in rooms under construction. The Middle East reported 80,350 rooms in 251 hotels under construction for the month.

The Under Contract total in the Northern Africa and Southern Africa subcontinents represents a 49.3% increase in rooms Under Contract compared with January 2015 and a 40.5% year-over-year increase in rooms under construction. Africa reported 28,840 rooms in 156 hotels under construction for the month.

Among the key markets in the Middle East and Africa, Makkah, Saudi Arabia, reported the largest number of rooms under construction with 21,068 rooms in 13 hotels. Three other markets reported more than 5,000 rooms under construction: Dubai, United Arab Emirates (19,846 rooms in 63 hotels); Riyadh, Saudi Arabia (6,738 rooms in 30 hotels); and Doha, Qatar (5,980 rooms in 26 hotels).


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