STR re­veals Mid­dle East and Africa ho­tel pipe­line for Jan­uary 2017

Al­most 160,000 rooms un­der con­tract in ME…

Travel Daily ME - - News -

STR’s Jan­uary 2017 Pipe­line Re­port re­veals 159,581 rooms in 556 ho­tel projects Un­der Con­tract in the Mid­dle East and 58,850 rooms in 313 projects Un­der Con­tract in Africa.

Un­der Con­tract data in­cludes projects in the In Con­struc­tion, Fi­nal Plan­ning and Plan­ning stages but does not in­clude projects in the Un­con­firmed stage.

The Un­der Con­tract to­tal in the Mid­dle East rep­re­sents a 5.1% in­crease in rooms Un­der Con­tract com­pared with Jan­uary 2016.

Specif­i­cally in the In Con­struc­tion phase, the Mid­dle East re­ported 85,827 rooms in 269 ho­tels.

Based on num­ber of rooms, that is a 6.8% in­crease in year-over-year com­par­isons.

The Un­der Con­tract to­tal in Africa rep­re­sents a 5.4% de­crease in rooms Un­der Con­tract com­pared with Jan­uary 2016. Specif­i­cally in the In Con­struc­tion phase, Africa re­ported 30,213 rooms in 162 ho­tels. Based on num­ber of rooms, that is a 4.8% in­crease in year-overyear com­par­isons. Click here for full story

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