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STR: Middle East and Africa hotel pipeline for February 2016

March 19, 2016 Hotel Trends No Comments Email Email
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STR’s February 2016 Pipeline Report shows 151,454 rooms in 538 hotels Under Contract in the Middle East and 62,192 rooms in 321 hotels Under Contract in Africa. http://recruitment.travelcounsellors.com/au/?utm_source=eGlobal&utm_medium=banner&utm_campaign=Its%20timeUnder 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 40.7% increase in rooms Under Contract compared with February 2015 and a 42.5% year-over-year increase in rooms In Construction. The Middle East reported 80,344 rooms in 252 hotels under construction for the month.

The Under Contract total in the Northern Africa and Southern Africa subcontinents represents a 47.6% increase in rooms Under Contract compared with February 2015 and a 42.8% year-over-year increase in rooms In Construction. Africa reported 29,565 rooms in 158 hotels under construction for the month.

Among the countries in the Middle East and Africa, Saudi Arabia reported the most rooms In Construction with 34,753 rooms in 77 hotels. United Arab Emirates followed with 26,957 rooms in 92 hotels. Four other countries each reported more than 3,000 rooms In Construction: Qatar (5,980 rooms in 26 hotels), Egypt (4,538 rooms in 13 hotels) and Morocco (3,619 rooms in 19 hotels).

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