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September 22, 2016 – PORTSMOUTH, NH – According to the recent Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE), the total pipeline has 495 Projects/142,946 Rooms, up 16% by projects and 11% by rooms Year-Over-Year (YOY).
 
For hotels currently Under Construction, the Middle East Pipeline has 282 Projects/88,545 Rooms, up 26% by projects and 19% by rooms YOY. There are 103 Projects/24,211 Rooms Scheduled to Start Construction in the Next 12 Months, up 8% by projects and 7% by rooms. Projects in Early Planning, 110 Projects/30,190 Rooms, are down 16% by projects and 11% by rooms.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities. 

Contact: Emily Lloyd

elloyd@lodgingeconometrics.com / +1 603.427.9544

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