Middle East hotel room construction increases by 9.3%, Africa drops by 7.7%
UAE is leading with 56,701 rooms under construction
The Middle East has recorded an increase in the construction of hotel rooms, while Africa has witnessed a drop, data from STR Hotel Market Data & Benchmarking has revealed.
A 9.3% year-over-year increase in the number of rooms in the final phase of the development pipeline was recorded in the Middle East. Meanwhile, the total room construction in Africa was down 7.1% year-over-year.
According to STR, the April 2019 pipeline data showed 424 hotel projects accounting for 125,052 rooms in construction in the Middle East and a total of 141 projects and 25,056 rooms in construction in Africa. The Middle East reported an additional 30,203 rooms in the final planning stage and 45,991 rooms in planning, while Africa showed 13,854 rooms in final planning and 26,534 rooms in planning.
In the Middle East, UAE was leading with 56,701 rooms, representing 33.6% of the country’s existing supply, while Saudi Arabia was second with 42,571 rooms (42.9%) and Oman followed with 4,129 rooms under construction.