Middle East Hotel Project Count Hits All-Time High
Photo Credit: A guest room at a Choice Hotel in Saudi Arabia run in partnership with Seera Hospitality. Choice Hotels
Skift Take
It's not surprising that the Middle East is prioritizing hotel development to accommodate a growing influx of tourists. This proactive approach aligns with their broader economic and tourism strategies to foster long-term growth and competitiveness in the global tourism market.
Middle East Travel Roundup
Get the latest news from the Middle East in one easy-to-digest newsletter.In the second quarter of 2023, the Middle East's hotel construction pipeline has seen significant growth, marking its highest project count since the first quarter of 2020, according to Lodging Econometric’s Middle East Hotel Construction Pipeline Trend Report.
The report shows a steady 10% year-over-year increase in the number of projects and a 5% rise in room count, bringing the total pipeline to 597 projects encompassing 146,521 rooms.
Top five countries that account for 92% of all hotel projects in the Middle East's current pipeline:
Saudi Arabia leads the Middle East in hotel construction projects, boasting an all-time high of 276 projects and 72,144 rooms. The United Arab Emirates (UAE) follows with 106 projects and 27,921 rooms. Egypt has 91 projects with 20,814 rooms. Qatar has 43 projects with 10,267 rooms. Oman has 33 projects with 6,792 rooms.Within the UAE:
Dubai features prominently in the construction pipeline
