MEA hotel update: STR Global
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The recent STR Global – MEA Pipeline for the month of February stated that Middle East/Africa hotel development pipeline comprises 504 hotels totalling 122,631 rooms.
The total active pipeline data includes projects in in-construction, final planning and planning stages but does not include projects in the pre-planning stage.
Among the countries in the region, Saudi Arabia reported most rooms under construction with 17,135 rooms. Four other countries ended the month with more than 2,500 rooms under construction: UAE (16,627 rooms); Qatar (5,633 rooms); Jordan (3,231 rooms); and Egypt (2,966 rooms).
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