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STR Global: MEA pipeline for September

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15 October 2012
HNN Newswire


LONDON—The Middle East/Africa hotel development pipeline comprises 493 hotels totalling 122,942 rooms, according to the September 2012 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Year-to-date 2012, 46 hotels opened in the region with 10,510 rooms. In the remainder of 2012, 72 more hotels are expected to open with 18,072 rooms. The most rooms are expected to open in the Unaffiliated segment (21 hotels with 6,501 rooms), the Luxury segment (14 hotels with 3,684 rooms) and the Upper Upscale segment (12 hotels with 3,275 rooms).

During 2013, the region is expecting 150 hotels to open with 37,349 rooms. The Upper Upscale segment is expected to add the most rooms with 9,870 rooms in 35 hotels, followed by the Upscale segment (8,003 rooms in 36 hotels) and the Unaffiliated segment (7,687 rooms in 32 hotels).

Media contacts:

Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

Konstanze Auernheimer
Director of Marketing & Analysis
STR Global
KAuernheimer@strglobal.com
+44 (0)207 922 1961

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