More than 35,000 hotel rooms planned for KSA
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Saudi Arabia has the most hotel rooms under construction in the Middle East and Africa, with more than 35,000 currently being built, according to hospitality industry analysts, STR.
The kingdom has 35,770 hotel rooms under construction across 81 hotels, according to STR’s June Pipeline Report.
The UAE has the second largest pipeline in the region with 26,989 rooms across 93 hotels in the construction phase.
Two other countries in the region each reported more than 5,000 rooms under construction – Qatar (7,125 rooms in 30 hotels) and Egypt (6,095 rooms in 18 hotels).
STR’s June report showed 154,576 rooms in 550 hotels under contract in the Middle East and 55,736 rooms in 289 hotels under contract in Africa.
Under contract data includes projects in the in construction, final planning and planning stages but does not include projects in the unconfirmed stage.
The under contract total in the Middle East for June represented a 23.5% increase in rooms compared to June 2015 with 81,951 rooms in 256 hotels under construction for the month.
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