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ANALYSIS

STR Global posts Middle East/Africa April 2011 hotel development pipeline report

Sunday, May 22, 2011, 10:00 Hrs  [IST]
By HBI Staff | Mumbai

According to the April 2011 STR Global Construction Pipeline Report, the Middle East/Africa hotel development pipeline comprises 443 hotels totalling 122,775 rooms. Among the Chain Scale segments, the Upper Upscale segment made up the largest portion of rooms in the total active pipeline with 27 per cent and 33,169 rooms. Three other segments accounted for more than 15 per cent of rooms each in the total active pipeline: the Unaffiliated segment (22.9 per cent with 28,112 rooms); the Luxury segment (22.6 per cent with 27,686 rooms); and the Upscale segment (16.9 per cent with 20,759 rooms). The Economy segment made up the smallest portion of rooms in the total active pipeline with two per cent and 2,446 rooms.

Middle East/Africa pipeline by Chain Scale segment for April 2011 (number of rooms):

Chain Scale
Existing Supply
In Construction
Total Active Pipeline*
Luxury
46,566
19,892
27,686
Upper Upscale
75,453
17,221
33,169
Upscale
84,262
14,361
20,759
Upper Midscale
48,427
3,553
6,670
Midscale
15,814
2,078
3,933
Economy
4,697
484
2,446
Unaffiliated
329,999
10,999
28,112
Total
605,218
68,588
122,775

Includes those projects in the In Construction, Final Planning and Planning phases.

 
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