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STR: Middle East and Africa hotel pipeline for April 2016

May 21, 2016 Hotel Trends No Comments Email Email

STR’s April 2016 Pipeline Report shows 152,580 rooms in 541 hotels Under Contract in the Middle East and 55,078 rooms in 289 hotels Under Contract in Africa.http://recruitment.travelcounsellors.com/au/?utm_source=eGlobal&utm_medium=banner&utm_campaign=Its%20time 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 41.3% increase in rooms Under Contract compared with April 2015 and a 40.9% year-over-year increase in rooms In Construction. The Middle East reported 80,933 rooms in 251 hotels under construction for the month.

The Under Contract total in the Northern Africa and Southern Africa subcontinents represents a 26.7% increase in rooms Under Contract compared with April 2015 and a 39.6% year-over-year increase in rooms In Construction. Africa reported 29,856 rooms in 155 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 In Construction with 20,790 rooms in 11 hotels. Three other markets reported more than 5,000 rooms In Construction: Dubai, United Arab Emirates (20,291 rooms in 65 hotels); Riyadh, Saudi Arabia (6,870 rooms in 31 hotels); and Doha, Qatar (6,100 rooms in 27 hotels).

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