LONDON—The Middle East/Africa hotel development pipeline comprises 449 hotels totalling 123,631 rooms, according to the August 2010 STR Global Construction Pipeline Report released this week.
United Arab Emirates reported the largest number of rooms in the total active pipeline (53,833 rooms) and in the In Construction phase (27,970 rooms) among the countries in the region. Saudi Arabia followed UAE with 16,464 rooms in the total active pipeline and 7,895 rooms in the In Construction phase.
Among the key markets in the region, Dubai, UAE, reported the most rooms in the total active pipeline with 31,512 rooms, as well as in the In Construction phase with 16,307 rooms. Abu Dhabi also reported a significant number of rooms in the total active pipeline (14,749) and in the In Construction phase (7,884 rooms).
Three of the seven Chain Scale segments each accounted for more than 20 percent of rooms in the total active pipeline: the Upper Upscale segment (27.2 percent with 33,660 rooms); the Unaffiliated segment (25.6 percent with 31,645 rooms); and the Luxury segment (21.0 percent with 25,967 rooms).
Middle East/Africa pipeline by Chain Scale segment for August 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
46,671
|
17,862
|
25,967
|
|
Upper Upscale
|
69,907
|
20,349
|
33,660
|
|
Upscale
|
80,317
|
12,257
|
18,609
|
|
Midscale w/ F&B
|
51,297
|
2,883
|
7,530
|
|
Midscale w/o F&B
|
3,442
|
224
|
799
|
|
Economy
|
12,969
|
2,055
|
5,421
|
|
Unaffiliated
|
321,888
|
13,718
|
31,645
|
|
Total
|
586,491
|
69,348
|
123,631
|
* 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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