Middle East hotel construction up 12% Y-o-Y
Saudi's Holy city of Makkah and Dubai lead Middle East's hotel construction with more than 20,000 hotel rooms in the pipeline
Mecca in Saudi Arabia and Dubai lead Middle East's hotel construction with more than 20,000 hotel rooms in the pipeline, according to latest data supplied by analysts STR.
The Middle East has 155,899 rooms in 552 projects under contract, STR said in its report.
The data includes projects that are under construction, or in final planning stages, sister publication Arabian Business reported.
STR said the under contract total in the Middle East represents an 18.8% increase in number of rooms compared to July 2015.
Specifically in the construction phase, the Middle East has 83,194 rooms in 259 hotels, a 12.2% year-on-year increase.
STR's July 2016 Pipeline Report showed that Mecca currently has 21,835 rooms in 13 hotels under construction and Dubai has 20,882 rooms in 67 hotels.
Doha has 6,830 rooms in 30 hotels under construction, while Riyadh has 6,657 rooms in 30 hotels.