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STR: Middle East and Africa hotel pipeline for March 2017

April 15, 2017 Hotel Trends No Comments Email Email

STR’s March 2017 Pipeline Report shows 153,298 rooms in 546 hotel projects Under Contract in the Middle East and 59,200 rooms in 319 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 1.1% increase in rooms Under Contract compared with March 2016. Specifically in the In Construction phase, the Middle East reported 79,960 rooms in 258 hotels. Based on number of rooms, that is a 0.6% decrease in year-over-year comparisons.

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

Chain Scale In Construction Under Contract
Luxury 10,744 20,983
Upper Upscale 23,289 43,619
Upscale 12,163 32,213
Upper Midscale 7,490 16,415
Midscale 3,158 10,813
Economy 0 0
Unaffiliated 23,116 29,255
Total 79,960 153,298

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

The Under Contract total in Africa represents a 3.9% decrease in rooms Under Contract compared with March 2016. In the In Construction phase, Africa reported 28,768 rooms in 157 hotels. Based on number of rooms, that is a 6.1% decrease in year-over-year comparisons.

Africa pipeline by Chain Scale (number of rooms):

Chain Scale In Construction Under Contract
Luxury 3,339 9,081
Upper Upscale 12,139 22,479
Upscale 7,321 14,755
Upper Midscale 1,766 4,523
Midscale 2,947 5,938
Economy 0 0
Unaffiliated 1,256 2,424
Total 28,768 59,200

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

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