LONDON—The Middle East/Africa hotel development pipeline comprises 430 hotels totalling 117,300 rooms, according to the January 2011 STR Global Construction Pipeline Report.
“Oman has seen huge investments in its tourism offering, using its natural beauty and cultural resources to attract the leisure markets, as well as now turning its focus to develop the MICE offering”, said Elizabeth Randall, managing director of STR Global. “This has created the need for more hotel accommodation, and we see this reflected in the huge pipeline compared to the existing supply for Oman”.
Among the countries in the region, Oman will report the largest increase in existing supply (+74.4 percent) if every one of the 4,369 additional rooms in its total active pipeline open. Other countries to expect significant increases in existing supply include: Bahrain (65.1 percent with 3,665 rooms in its total active pipeline); Qatar (65 percent with 5,204 rooms); United Arab Emirates (57.3 percent with 48,005 rooms); and Kuwait (50.1 percent with 3,038 rooms).
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