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STR Global reports Middle East/Africa hotel pipeline for July 2012

  • United Arab Emirates: Saturday, August 18 - 2012 at 12:43
  • PRESS RELEASE

The Middle East/Africa hotel development pipeline comprises 495 hotels totalling 125,481 rooms, according to the July 2012 STR Global Construction Pipeline Report.

Among the countries in the region, Oman reported the largest expected room growth (+81.2%) if all 5,417 rooms in the country's total active pipeline open. Other countries to report a significant expected room growth: Saudi Arabia (+53.9% with 27,624 rooms expected to open); Qatar (+47.1% with 6,785 rooms); Algeria (+43.6% with 1,875 rooms); and United Arab Emirates (+38.6% with 35,052 rooms).

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and HotelNewsNow.com.
 
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