Saudi Arabia posts largest room growth: STR Global
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As per the August 2012 STR Global Construc
tion Pipeline Report for Middle East/Africa, Saudi Arabia reported the largest expected room growth with +8.45%, if all 6,413 rooms in the country’s total active pipeline open as per schedule. The overall hotel development for the region comprises 487 hotels totalling 122,954 rooms. The other markets have reported a 20% or more expected room growth such as Jeddah, Saudi Arabia (+70.7% with 4,225 rooms expected to open); Muscat, Oman (+60.9% with 2,634 rooms); Abu Dhabi, UAE (+50.7% with 9,114 rooms); Dubai, UAE (+28.6% with 17,409 rooms); and Amman, Jordan (+20.3% with 2,008 rooms).
