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

  • Saudi Arabia: Saturday, September 22 - 2012 at 09:59
  • PRESS RELEASE

The Middle East/Africa hotel development pipeline comprises 487 hotels totalling 122,954 rooms, according to the August 2012 STR Global Construction Pipeline Report.

Among the markets in the region, Riyadh, Saudi Arabia, reported the largest expected room growth (+84.5%) if all 6,413 rooms in the country's total active pipeline open. Other markets to report 20% or more expected room growth: Jeddah, Saudi Arabia (+70.7% with 4,225 rooms expected to open); Muscat, Oman (+60.9% with 2,634 rooms); Abu Dhabi, United Arab Emirates (+50.7% with 9,114 rooms); Dubai, United Arab Emirates (+28.6% with 17,409 rooms); and Amman, Jordan (+20.3% with 2,008 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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