Hotel pipeline down globally, except for Middle East & Africa - Insights
Global News

Hotel pipeline down globally, except for Middle East & Africa

  1. Home
  2. Global News
  3. Hotel pipeline down globally, except for Middle East & Africa

Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the third quarter,Middle East hotel construction pipeline according to September 2022 data from STR.

September 2022 (% changes in comparison with September 2021)Europe

  • In Construction: 197,884 rooms (-14.1%)
  • Final Planning: 144,277 rooms (-16.1%)
  • Planning: 162,896 rooms (+9.7%)
  • Total Under Contract: 505,057 (-8.3%)

Germany (38,676) and the U.K. (29,471) lead Europe in total rooms in construction. Asia Pacific

  • In Construction: 485,250 rooms (+1.5%)
  • Final Planning: 131,427 rooms (-26.3%)
  • Planning: 287,572 (-0.2%)
  • Total Under Contract: 904,249 rooms (-4.3%)

Among countries in the region, China has the most rooms in construction (311,859), followed by Vietnam (28,692). Middle East & Africa

  • In Construction: 130,956 rooms (-3.2%)
  • Final Planning: 38,147 rooms (-5.9%)
  • Planning: 74,510 rooms (+18.9%)
  • Total Under Contract: 243,613 (+2.2%)

Most of the region’s pipeline activity is focused on the Middle East. Saudi Arabia (39,070) and the United Arab Emirates (32,373) lead in construction activity.     Americas

  • In Construction: 207,585 rooms (-9.2%)
  • Final Planning: 203,069 rooms (-17.9%)
  • Planning: 329,789 rooms (+9.4%)
  • Total Under Contract: 740,443 (-4.8%)

The U.S. holds the majority of rooms in construction in the region. After the U.S., Mexico (14,077), and Canada (7,126) have the highest number of rooms in construction in the region.

Tags: , , ,
Media

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an inte…

Related Courses

Related Articles

You might also like:

Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Tech.eX Members: