Over 150,000 hotel rooms under construction in MEA
Hotel supply in the Middle East and Africa (MEA) continues to grow as the region registered a total of 565 properties. In April, 150,108 hotel rooms were under construction.
The April pipeline data from STR Global showed that of the total, about 424 hotels are in the Middle East, while the rest are in the African region. UAE topped the MEA list for the largest number of rooms under construction with the total put at 56,701 rooms.
Three other markets reported that more than 4,000 rooms under construction: Saudi Arabia (42,571 rooms), Qatar (13,086 rooms) and Oman (4,129 rooms).
The Middle East total represented a 9.3 percent year-over-year increase in the number of rooms in the final phase of the development pipeline. Besides, the region reported an additional 30,203 rooms in the final planning stage and 45,991 rooms in planning.
The Africa total room construction total was down 7.1 percent year-over-year. Also, the continent reported 13,854 rooms in final planning and 26,534 rooms in planning.
Fulya Altunyay/ [email protected]