MEA hospitality industry to get 18,064 rooms

MEA hospitality industry to get 18,064 rooms

Middle East room development
Middle East room development

The recent STR Global Construction Pipeline Report for September 2013 states that the Middle East and Africa hotel development pipeline comprises 480 hotels totaling 117,642 rooms.

Year-to-date, 49 hotels with 11,226 rooms have opened in the region. During the remainder of 2013, 71 more hotels with 18,064 rooms are expected to open. The unaffiliated segment is expected to open the most rooms during the fourth quarter, with 26 hotels and 7,323 rooms, followed by the Upper Upscale segment (14 hotels with 4,339 rooms) and the Upscale segment (12 hotels with 2,655 rooms).

In 2014, 133 hotels with 27,759 rooms are expected to open in the region. The Upper Upscale segment plans to open the most rooms next year, with 7,568 rooms in 28 hotels, followed by the Upscale segment (28 hotels with 5,759 rooms) and the Luxury segment (26 hotels with 5,667 rooms).

Gary Marshall
Written by:
Gary Marshall
Posted On:
Posted In: