Middle East's total hotel project construction pipeline up 12%

Middle East's total hotel project construction pipeline up 12%
Dubai has 145 projects and 40,733 rooms in its construction pipeline.
Published: 28 December 2017 - 1:44 a.m.
By: Devina Divecha

Analysts at Lodging Econometrics (LE) have reported that the Construction Pipeline Trend Report for the Middle East states that the total pipeline has 572 projects/156,420 rooms, up 12% by projects year-over-year.

There are 349 projects/100,485 rooms under construction, up 17% by projects YOY. Those scheduled to start construction in the next 12 months are at 113 projects and 30,841 rooms, up 5%, while projects in early planning at 110 projects and 25,094 rooms, which are up 3%.

The top hotel companies in the Middle East’s construction pipeline are: Marriott International with 95 projects and 22,767 rooms; Hilton with 86 projects/24,197 rooms; and AccorHotels with 84 projects and 24,838 rooms.

The largest brand in the pipeline for each of the these companies are: Marriott’s Courtyard with 195 projects across 3,998 rooms, Hilton’s full-service hotel with 28 projects and 10,151 rooms and Accor’s Novotel with 14 projects and 3,865 rooms.

The top countries in the Middle East construction pipeline are: Saudi Arabia with 198 projects and 60,249 rooms, and the United Arab Emirates with 194 projects and 55,264 rooms. Cities in the Middle East with the largest pipelines are: Dubai, UAE with 145 projects and 40,733 rooms, and Riyadh, Saudi Arabia with 53 projects and 10,425 rooms.


Click here to add your comment

Please add your comment below
Your email address will not be published