Hotel Construction Pipeline Middle East
Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 2023
In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The total pipeline stands at 597 projects/146,521 rooms, up 10% and 5%, respectively, year-over-year (YOY).