80,000 rooms under construction in the Middle East
published on: 18 luglio 2016
STR’s June 2016 Pipeline Report shows 154,576 rooms in 550 hotels under contract in the Middle East and 55,736 rooms in 289 hotels under contract in Africa.
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 shows a 23.5% increase in rooms under contract compared with June 2015, and a 14.1% year-over-year increase in rooms in construction.
The Middle East reported 81,951 rooms in 256 hotels under construction for the month, according to the data from STR. Among the countries in the Middle East and Africa, Saudi Arabia reported the most rooms in construction with 35,770 rooms in 81 hotels.United Arab Emirates followed with 26,989 rooms in 93 hotels.
Two other countries in the Middle East and Africa region reported more than 5,000 rooms in construction: Qatar (7,125 rooms in 30 hotels) and Egypt (6,095 rooms in 18 hotels).
The under contract total in Africa represents a 29.1% increase in rooms under contract compared with June 2015 and a 31.5% year-over-year increase in rooms in construction. Africa reported 30,703 rooms in 157 hotels under construction for the month of June 2016.