STR Global Reports Mid East/Africa Pipeline March 2010

2010-04-16
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  • STR Global he Middle East/Africa hotel development pipeline includes 473 hotels comprising 127,952 rooms, according to the March 2010 STR Global Construction Pipeline Report released this week.

    Among the countries in the region, the United Arab Emirates ended the month with the most rooms in the total active pipeline (53,477) and in the In Construction phase (26,868). Four other countries reported more than 5,000 rooms in the total active pipeline: Saudi Arabia (15,958 rooms); Egypt (6,397 rooms); and Qatar (6,123 rooms).

    Among the key markets in the region, Dubai, UAE, reported the largest number of rooms in the total active pipeline and in the In Construction phase (31,142 and 14,637, respectively). Abu Dhabi, UAE, followed Dubai with 14,071 rooms in the total active pipeline and 7,354 rooms in the In Construction phase. The two markets accounted for more than 80 percent of UAE’s rooms in the total active pipeline.

    Among the Chain Scale segments, three of the seven segments each accounted for at least 20 percent rooms in the total active pipeline. The Upper Upscale segment made up the largest portion of the total active pipeline with 27.5 percent and 35,168, followed by the Unaffiliated segment (24.3 percent with 31,107 rooms) and the Luxury segment (21.5 percent with 27,456 rooms).

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

    Chain Scale

    Existing Supply

    In Construction

    Total Active Pipeline*

    Luxury

    45,702

    17,010

    27,456

    Upper Upscale

    69,623

    22,743

    35,168

    Upscale

    75,589

    12,454

    19,267

    Midscale w/ F&B

    53,609

    3,574

    9,071

    Midscale w/o F&B

    2,650

    735

    1,310

    Economy

    12,533

    2,150

    4,573

    Unaffiliated

    320,143

    12,094

    31,107

    Total

    579,849

    70,760

    127,952

     

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

    Note: Turkey has been moved from the Middle East/Africa region to Europe.

    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.

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