Middle East hotel project total hits 552
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There are 155,899 rooms across 552 hotel projects Under Contract in the Middle East, according to the July Pipeline Report compiled by STR.
This represents an 18.8% increase in rooms Under Contract compared to July 2015.
Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.
In terms of the In Construction phase, the Middle East reported 83,194 rooms in 259 hotels, a 12.2% increase year on year.
In neighbouring Africa there are 56,227 rooms across 295 projects Under Contract, up 23.8% year on year. In the In Construction phase, Africa reported 29,928 rooms in 155 hotels, a 21.3% increase compared to July 2015.
Two of the key markets in the Middle East and Africa reported more than 20,000 rooms In Construction: Makkah, Saudi Arabia (21,835 rooms in 13 hotels) and Dubai, UAE (20,882 rooms in 67 hotels). Two additional markets reported more than 5,000 rooms In Construction: Doha, Qatar (6,830 rooms in 30 hotels), and Riyadh, Saudi Arabia (6,657 rooms in 30 hotels).
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