LONDON—The Middle East/Africa hotel development pipeline includes 456 hotels comprising 123,764 rooms, according to the January 2010 STR Global Construction Pipeline Report released this week.
Among the key markets in the region, Dubai, United Arab Emirates, reported the largest number of rooms in the total active pipeline and in the In Construction phase, with 30,222 rooms and 15,563 rooms respectively. Abu Dhabi followed with 13,596 rooms in the total active pipeline and 7,200 rooms in the In Construction phase.
With two development hot spots, the United Arab Emirates reported the most rooms in the total active pipeline and in the In Construction phase among the countries in the region. The country ended the month with 51,515 rooms in the total active pipeline and 27,763 rooms in the In Construction phase.
Among the Chain Scale segments, the Unaffiliated segment made up the largest portion of the total active pipeline with 25.1 percent and 31,020 rooms, followed by the Upper Upscale segment with 24.2 percent of the total active pipeline and 29,947 rooms. The Upper Upscale segment accounted for the largest portion of the rooms in the In Construction phase with 30.6 percent and 22,478 rooms.
Middle East/Africa pipeline by Chain Scale segment for January 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
48,523
|
16,783
|
26,300
|
|
Upper Upscale
|
82,428
|
22,478
|
29,947
|
|
Upscale
|
79,754
|
14,814
|
21,569
|
|
Midscale w/ F&B
|
59,241
|
2,948
|
7,125
|
|
Midscale w/o F&B
|
1,799
|
1,328
|
1,903
|
|
Economy
|
13,654
|
2,801
|
5,900
|
|
Unaffiliated
|
484,609
|
12,415
|
31,020
|
|
Total
|
770,008
|
73,567
|
123,764
|
* 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.
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