This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here     

STR Global reports Middle East/Africa pipeline for November 2009

Bookmark and Share

 

16 December 2009
HNN Newswire


LONDON—The Middle East/Africa hotel development pipeline includes 441 hotels comprising 119,560 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

Among the countries in the region, the United Arab Emirates reported the most rooms in the In Construction phase (28,153 rooms) and in the total active pipeline (51,594 rooms). Saudi Arabia followed with 7,243 rooms in the In Construction phase and 13,664 rooms in the total active pipeline. Zambia had the smallest amount of rooms in the In Construction phase and the total active pipeline with 215 rooms each.

Among the Chain Scale segments, three segments accounted for nearly 70 percent of the total active pipeline. The Unaffiliated segment made up the largest part of the total active pipeline with 24.6 percent and 29,437 rooms, followed by the Luxury segment with 24.0 percent and 28,734 rooms. The Upscale segment also accounted for a large portion of the total active pipeline with 21.1 percent and 25,187 rooms. The Midscale without Food and Beverage segment accounted for the smallest portion of the total active pipeline with 1.2 percent of the total active pipeline with 1,435 rooms.

 

Middle East/Africa pipeline by Chain Scale segment for November 2009 (number of rooms):

Chain Scale

Existing Supply

In Construction

Total Active Pipeline*

Luxury

49,920

18,998

28,734

Upper Upscale

74,696

16,199

21,151

Upscale

77,949

17,318

25,187

Midscale w/ F&B

63,162

3,231

7,552

Midscale w/o F&B

1,799

1,112

1,435

Economy

13,360

2,862

6,064

Unaffiliated

432,105

12,221

29,437

Total

712,991

71,941

119,560

* Includes those projects in the In Construction, Final Planning and Planning phases. 

About STR Global

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC and HotelNewsNow.com. For more information, please visit www.strglobal.com.

Media contacts:

Jeff Higley
Vice President, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann
Communications Coordinator
spann@str.com
+1 (615) 824-8664 ext. 3305

 

Bookmark and Share





0 Comments
Show All



Login
Or enter a name to post your comment:

Post Your Comment

(4000 charcters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of HotelNewsNow.com or its parent company, Smith Travel Research and its affiliated companies. Please report any violations to our editorial staff.



Follow HotelNewsNow.com on Twitter Subscribe to the HotelNewsNow.com RSS Feed Connect with HotelNewsNow.com on LinkedIn