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STR Global

STR Global: MEA pipeline for April

: Thursday, May 15 - 2014 @ 11:16

The Middle East/Africa hotel development pipeline comprises 581 hotels totalling 137,799 rooms, according to the April 2014 STR Global Construction Pipeline Report. The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the countries in the region, United Arab Emirates reported the most rooms under construction with 16,762 rooms. Other countries to report a significant number of rooms under construction include: Saudi Arabia (16,336 rooms); Qatar (5,757 rooms); Egypt (2,966 rooms); Morocco (2,466 rooms); and Jordan (2,438 rooms).

Please note: STR Global recently revised the pipeline definitions. What was formerly known as the Total Active Pipeline is now referred to as Under Contract. The Pre-Planning phase also has been renamed to the Unconfirmed phase.

Media contacts:
Jeff Higley
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305

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Thursday, May 15- 2014 @ 11:16 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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