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Published on : Friday, February 15, 2013
The Middle East/Africa hotel development pipeline comprises 480 hotels totalling 118,023 rooms, according to the January 2013 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.
Among the countries in the region, Oman reported the largest expected supply growth (+63.9 percent) if all 4,613 rooms in the country’s total active pipeline open. Five other countries reported expected room growth of more than 30 percent: Saudi Arabia (+53.2 percent with 27,783); Algeria (43.9 percent with 1,887 rooms); Qatar (+39.6 percent to 6,205 rooms); United Arab Emirates (+33.6 percent with 31,827 rooms); and Kuwait (+33.5 percent to 2,069 rooms).