STR Global Reports Middle East/Africa Hotel Pipeline for May 2010
The Middle East/Africa hotel development pipeline comprises 468 hotels totalling 127,938 rooms, according to the May 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 with 55,629 rooms. UAE also reported the most rooms in the In Construction phase with 29,323 rooms. Saudi Arabia reported 15,770 rooms in the total active pipeline.
Among the key markets in region, Dubai, UAE, reported the largest number of rooms in the total active pipeline (32,516) and in the In Construction phase (16,510 rooms). Abu Dhabi, UAE, followed with 14,712 rooms in the total active pipeline and 8,460 rooms in the In Construction phase.
Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms in the total active pipeline with 26.1 percent (33,448 rooms), followed by the Unaffiliated segment (25.5 percent and 32,568 rooms) and the Luxury segment (21.0 percent and 26,816 rooms).
|
Chain Scale |
Existing Supply |
In Construction |
Total Active Pipeline* |
|
Luxury |
45,768 |
16,566 |
26,816 |
|
Upper Upscale |
69,526 |
21,818 |
33,448 |
|
Upscale |
78,744 |
12,896 |
19,963 |
|
Midscale w/ F&B |
51,518 |
2,987 |
8,466 |
|
Midscale w/o F&B |
3,472 |
495 |
1,070 |
|
Economy |
12,533 |
2,410 |
5,607 |
|
Unaffiliated |
316,584 |
14,535 |
32,568 |
|
Total |
578,145 |
71,707 |
127,938 |
* 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.
