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STR Global Reports Middle East/Africa Hotel Pipeline for December 2009 |
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The Middle East/Africa hotel development pipeline includes 442 hotels comprising 120,440 rooms, according to the December 2009 STR Global Construction Pipeline Report released this week. |
Among the key markets in the region, Dubai, United Arab Emirates, reported the largest amount of rooms in the total active pipeline with 29,727 rooms. The market also ended the month with the largest amount of rooms in the In Construction phase with 15, 291 rooms. Abu Dhabi, UAE, followed with 13,701 rooms in the total active pipeline and 6,939 rooms in the In Construction phase.
Among the Chain Scale segments, three segments accounted for nearly 70 percent of the total active pipeline. The Unaffiliated segment accounted for 25.3 percent of the total active pipeline with 30,495 rooms. The Luxury segment followed with 28,308 rooms in the total active pipeline and 23.5 percent. The Upper Upscale segment ended the month with 25,133 rooms in the total active pipeline, accounting for 20.9 percent.
Middle East/Africa pipeline by Chain-Scale segment for December 2009 (number of rooms):
* Includes those projects in the In Construction, Final Planning and Planning phases
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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