LONDON—The Middle East/Africa hotel development pipeline comprises 467 hotels totalling 128,903 rooms, according to the April 2010 STR Global Construction Pipeline Report released this week.
Among the countries in the region, the United Arab Emirates ended the month with the most rooms in the total active pipeline with 56,187 rooms. UAE also reported the most rooms in the In Construction phase with 29,125 rooms. Saudi Arabia reported 15,770 rooms in the total active pipeline, followed by Egypt (7,178 rooms) and Qatar (6,041 rooms).
Among the key markets in region, Dubai, UAE, reported the largest number of rooms in the total active pipeline (32,753) and in the In Construction phase (16,539), followed by Abu Dhabi, UAE, with 14,558 rooms in the total active pipeline and 7,849 rooms in the In Construction phase.
Three of the seven Chain Scale segments each accounted for 20 percent or more of rooms in the total active pipeline. The Upper Upscale segment made up the largest portion of the total active pipeline with 26.7 percent and 34,375 rooms, followed by the Unaffiliated segment (24.9 percent and 32,160 rooms) and the Luxury segment (20.3 percent and 26,155 rooms).
Middle East/Africa pipeline by Chain Scale segment for April 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
45,660
|
15,969
|
26,155
|
|
Upper Upscale
|
68,651
|
22,016
|
34,375
|
|
Upscale
|
76,512
|
12,715
|
20,082
|
|
Midscale w/ F&B
|
53,108
|
4,085
|
9,388
|
|
Midscale w/o F&B
|
3,158
|
495
|
1,070
|
|
Economy
|
12,533
|
2,476
|
5,673
|
|
Unaffiliated
|
316,190
|
14,285
|
32,160
|
|
Total
|
575,812
|
72,041
|
128,903
|
* 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 Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.strglobal.com.
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