STR Global Reports Middle East/Africa Pipeline for July 2010

2010-08-19
  • Send
  • PDF
  • Print
  • Bookmark
  • Go Back
  • Text Size:
  • STR Global The Middle East/Africa hotel development pipeline comprises 455 hotels totalling 126,273 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week.

    The United Arab Emirates reported the largest number of rooms in the total active pipeline (55,165 rooms), among the countries in the region, with more than half in the In Construction phase (299,751 rooms). Saudi Arabia followed with 17,283 rooms in the total active pipeline and 8,714 rooms in the In Construction phase.

    Among the key markets in the region, Dubai, UAE, ended the month with the largest number of rooms in the total active pipeline (32,686 rooms) and in the In Construction phase (17,162 rooms), followed by Abu Dhabi, UAE, with 14,641 rooms in the total active pipeline and 8,544 rooms in the In Construction phase.

    Among the Chain Scale segments, three segments each accounted for more than 20 percent of rooms in the total active pipeline. The Upper Upscale segment made up the largest portion of rooms with 27.2 percent and 34,364 rooms, followed by the Unaffiliated segment (25.5 percent and 32,167 rooms) and the Luxury segment (21.5 percent and 27,187 rooms).

    Middle East/Africa pipeline by Chain Scale segment for July 2010 (number of rooms):

    Chain Scale

    Existing Supply

    In Construction

    Total Active Pipeline*

    Luxury

    46,702

    17,991

    27,187

    Upper Upscale

    69,356

    21,303

    34,364

    Upscale

    80,766

    12,178

    18,824

    Midscale w/ F&B

    51,087

    2,737

    7,384

    Midscale w/o F&B

    3,442

    440

    1,015

    Economy

    12,926

    2,135

    5,332

    Unaffiliated

    320,679

    14,620

    32,167

    Total

    584,958

    71,404

    126,273

    * Includes those projects in the In Construction, Final Planning and Planning phases

     

    About STR & STR Global

    For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.

  • Send
  • PDF
  • Print
  • Bookmark
  • Go Back
  • Text Size:

  • ev Score
    3442.5
  • Ads by Nevistas

    Newsletters
    Hotel
    Industry News
     
    Hospitality
    Newsletter
     
    Hospitality
    Trends
     
    Hospitality
    Technology
     
    Your Email Address
     
     
    //