Topic - Hotel Construction Pipeline Middle East Page 2

Hotel Construction Pipeline Middle East

At Year-end 2020, the Middle East Construction Pipeline Stands at 542 Projects/156,921 Rooms

his is the sixth consecutive quarter project counts have dropped in the region. Fluctuations in oil and gas prices, access to vaccines, the new U.S. administration, and lack of tourism are ultimately having an impact on hotel development. The next few years will prove pivotal in this region and LE will continue to monitor and track the impact.

2021-03-10

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Hotel Construction Pipeline Middle East

The Middle East Hotel Construction Pipeline Continues to Decline

According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of the third quarter of 2020, the hotel construction pipeline in the Middle East declined again to 579 projects/168,042 rooms.

2020-11-24

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Hotel Construction Pipeline Middle East

At the Close of the Second Quarter of 2020, the Middle East Hotel Construction Pipeline Continues to Show Signs of Decline

According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometricss (LE) state at the end of the second quarter of 2020, the hotel construction pipeline in the Middle East decelerated once again to 591 projects/169,538 rooms.

2020-08-20

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Hotel Construction Pipeline Middle East

The Middle East's Hotel Construction Pipeline Shows Slight Deceleration in the First Quarter of 2020

Analysts at Lodging Econometrics (LE) state in the first quarter of 2020, the hotel construction pipeline in the Middle East decelerated slightly to 607 projects/172,182 rooms, down 3% and 5% respectively, year-over-year (YOY).

2020-06-08

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Hotel Construction Pipeline Middle East

The Middle East Hotel Construction Pipeline Project Count at an All-Time High in the Second Quarter of 2019

In a recent report by analysts at Lodging Econometrics (LE), the Middle East hotel construction pipeline stands at 640 projects/181,890 rooms, up 6% and 4%, respectively, year-over-year (YOY). This is an all-time high for projects in the region.

2019-09-11

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Hotel Construction Pipeline Middle East

The Middle East's Hotel Construction Pipeline Hits A New Cyclical High

New pipeline project counts are up 8% while room counts show a 15% increase year-over-year (YOY) when the pipeline stood at 572 projects/156,420 rooms.

2018-11-19

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