Middle East hotel room pipeline grows by 6.6%

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by Patrick Ryan | Published 3 years ago

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There are 166,166 rooms in 590 hotel projects under contract in the Middle East according to data supplied by STR.

Burj Al ArabThe latest STR report reveals that the number of rooms under contract in the Middle East has increased by 6.6%  compared with July 2016.

The Middle East reported 95,089 rooms in 301 projects in the construction phase, which represents a 14.3% increase YoY.

Four key markets in the Middle East and Africa region reported more than 5,000 rooms in construction.

These include Dubai, with 24,832 rooms in 85 projects; Makkah (23,816 rooms in 18 projects); and Riyadh, which has 6,712 rooms in 30 projects in construction.

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