More hotels for MEA: STR Global

More hotels for MEA: STR Global

Middle East hotels on a boom
Middle East hotels on a boom

The hotel development across Middle East and Africa region is on the rise. This is evident from the Middle East/Africa hotel development pipeline which states 573 hotels totalling 137,193 rooms, as of March 2014. This was reported in the STR Global Construction Pipeline Report.

In the remainder of the year, 125 hotels with 27,775 rooms are expected to open. The unaffiliated segment expects to add most new rooms (7,803 rooms in 30 hotels), followed by upper upscale segment (6,559 rooms in 26 hotels) and luxury segment (5,980 rooms in 25 hotels).

In 2015, 130 hotels with 32,142 rooms are projected to open. The most rooms are expected to be added in upper upscale segment (12,507 rooms in 42 hotels), followed by the upscale segment (7,689 rooms in 36 hotels) and luxury segment (4,575 rooms in 21 hotels).

Gary Marshall
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Gary Marshall
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