ME ho­tel pipe­line reaches 540 ho­tels in Fe­bru­ary

Travel Daily ME - - News -

STR’s Fe­bru­ary 2017 Pipe­line Re­port re­veals 153,460 rooms in 540 ho­tel projects Un­der Con­tract in the Mid­dle East and 58,374 rooms in 309 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 1.3% in­crease in rooms Un­der Con­tract com­pared with Fe­bru­ary 2016. The Mid­dle East re­ported 83,106 rooms in 263 ho­tels. Based on num­ber of rooms, that is a 3.4% in­crease in year-over-year com­par­isons.

Two key mar­kets in the Mid­dle East and Africa re­gion re­ported more than 10,000 rooms In Con­struc­tion:

Makkah, Saudi Ara­bia (22,370 rooms in 17 projects)

Dubai, United Arab Emi­rates (19,578 rooms in 64 projects) Click here for full story

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