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Hotel industry still booming – Thousands of new jobs in new hotels in Middle East and Africa

Profile Photo By: Carsten Hennig
April 12, 2017

Hotel industry still booming – Thousands of new jobs in new hotels in Middle East and Africa

London – 12 April 2017 –
STR’s March 2017 Pipeline Report shows 153,298 rooms in 546 hotel projects Under Contract in the Middle East and 59,200 rooms in 319 projects 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 represents a 1.1% increase in rooms Under Contract compared with March 2016. Specifically in the In Construction phase, the Middle East reported 79,960 rooms in 258 hotels. Based on number of rooms, that is a 0.6% decrease in year-over-year comparisons.

Middle East pipeline by Chain Scale (number of rooms):

Chain Scale – In Construction – Under Contract
Luxury  – 10,744  – 20,983
Upper Upscale – 23,289 – 43,619
Upscale – 12,163 – 32,213
Upper Midscale – 7,490 – 16,415
Midscale – 3,158 – 10,813
Economy – 0 – 0
Unaffiliated – 23,116 – 29,255
Total – 79,960 – 153,298
Source: STR / report as of March 2017, activity reported through February 2017

Young African Women

Under Contract data includes those projects in the In Construction, Final Planning and Planning stages
The Under Contract total in Africa represents a 3.9% decrease in rooms Under Contract compared with March 2016. In the In Construction phase, Africa reported 28,768 rooms in 157 hotels. Based on number of rooms, that is a 6.1% decrease in year-over-year comparisons.

Africa pipeline by Chain Scale (number of rooms):

Chain Scale In Construction Under Contract
Luxury – 3,339 – 9,081
Upper Upscale – 12,139 – 22,479
Upscale – 7,321 – 14,755
Upper Midscale – 1,766 – 4,523
Midscale – 2,947 – 5,938
Economy – 0 – 0
Unaffiliated – 1,256 – 2,424
Total – 28,768 – 59,200
Source: STR / report as of March 2017, activity reported through February 2017
Under Contract data includes those projects in the In Construction, Final Planning and Planning stages

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