LONDON—The Middle East/Africa hotel development pipeline comprises 455 hotels totalling 126,273 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week.
The United Arab Emirates reported the largest number of rooms in the total active pipeline (55,165 rooms), among the countries in the region, with more than half in the In Construction phase (299,751 rooms). Saudi Arabia followed with 17,283 rooms in the total active pipeline and 8,714 rooms in the In Construction phase.
Among the key markets in the region, Dubai, UAE, ended the month with the largest number of rooms in the total active pipeline (32,686 rooms) and in the In Construction phase (17,162 rooms), followed by Abu Dhabi, UAE, with 14,641 rooms in the total active pipeline and 8,544 rooms in the In Construction phase.
Among the Chain Scale segments, three segments each accounted for more than 20 percent of rooms in the total active pipeline. The Upper Upscale segment made up the largest portion of rooms with 27.2 percent and 34,364 rooms, followed by the Unaffiliated segment (25.5 percent and 32,167 rooms) and the Luxury segment (21.5 percent and 27,187 rooms).
Middle East/Africa pipeline by Chain Scale segment for July 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
46,702
|
17,991
|
27,187
|
|
Upper Upscale
|
69,356
|
21,303
|
34,364
|
|
Upscale
|
80,766
|
12,178
|
18,824
|
|
Midscale w/ F&B
|
51,087
|
2,737
|
7,384
|
|
Midscale w/o F&B
|
3,442
|
440
|
1,015
|
|
Economy
|
12,926
|
2,135
|
5,332
|
|
Unaffiliated
|
320,679
|
14,620
|
32,167
|
|
Total
|
584,958
|
71,404
|
126,273
|
* 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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