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STR: Middle East and Africa hotel pipeline for June 2017

July 17, 2017 Hotel Trends No Comments Email Email

STR’s June 2017 Pipeline Report shows 160,120 rooms in 583 hotel projects Under Contract in the Middle East and 56,289 rooms in 310 projects 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 represents a 3.6% increase in rooms Under Contract compared with June 2016. Specifically in the In Construction phase, the Middle East reported 94,748 rooms in 300 projects. Based on number of rooms, that is a 15.6% increase in year-over-year comparisons.

Middle East pipeline by Chain Scale (number of rooms):

Chain Scale In Construction Under Contract
Luxury 13,133 22,985
Upper Upscale 26,449 44,650
Upscale 16,538 35,512
Upper Midscale 10,160 17,760
Midscale 4,787 10,205
Economy
Unaffiliated 23,681 29,008
Total 94,748 160,120

Source: STR / report as of June 2017, activity reported through May 2017. Under Contract data includes those projects in the In Construction, Final Planning and Planning stages

The Under Contract total in Africa represents a 1.0% increase in rooms Under Contract compared with June 2016. In the In Construction phase, Africa reported 28,700 rooms in 165 hotels. Based on number of rooms, that is a 6.5% decrease in year-over-year comparisons.

Africa pipeline by Chain Scale (number of rooms):

Chain Scale In Construction Under Contract
Luxury 3,130 7,392
Upper Upscale 11,596 22,115
Upscale 6,775 14,562
Upper Midscale 1,848 4,217
Midscale 4,244 5,662
Economy
Unaffiliated 1,107 2,341
Total 28,700 56,289

Source: STR / report as of June 2017, activity reported through May 2017. Under Contract data includes those projects in the In Construction, Final Planning and Planning stages

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