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STR Global: MEA pipeline for September

October 17, 2013 Statistics & Trends No Comments Email Email

The Middle East/Africa hotel development pipeline comprises 480 hotels totalling 117,642 rooms, according to the September 2013 STR Global Construction Pipeline Report.

The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

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).

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