STR Reports Hotel Development Pipeline of Middle East/Africa

According to the July 2013 STR Global Construction Pipeline Report, the Middle East/Africa hotel development pipeline comprises 485 hotels totalling 118,535 rooms.

The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

Among the countries in the region, Oman reported the largest expected supply growth (+59.9%) of all 4,577 rooms in the total active pipeline open.

Five other countries also reported expected supply growth of more than 15%: Saudi Arabia (+56.8% with 31,518 rooms); Qatar (48.7% with 7,671 rooms); United Arab Emirates (+33.2% with 32,261 rooms); Kuwait (+21.5% with 1,418 rooms); and Jordan (+16.6% with 2,972 rooms).