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The Middle East and Africa hotel construction pipelines continue to grow The Middle East and Africa hotel construction pipelines continue to grow

Middle East and Africa Hotel Construction Pipelines Growing - LE

Lodging Econometrics’ (LE) recent Trend Report says construction pipelines for the Middle East and Africa continue to grow resulting in 875 projects /216,045 rooms combined.

The total Middle East pipeline has 594 projects /170,490 rooms and is up 23 percent by rooms year-on-year (YOY), the 16th consecutive quarter of Middle East pipeline growth. In the Middle East, there are 358 projects/113,830 rooms under construction, up 13 percent by projects YOY. Those scheduled to start construction in the next 12 months stand at 127 Projects/31,752 Rooms, up nine percent.

The total Africa pipeline has 281 projects /45,555 rooms and is up 21 percent by projects YOY. In Africa, there are 127 projects /21,233 rooms under construction, up only one percent by projects YOY.