Report: Nearly 1,400 Hotels in EMEA Pipeline

24 Jan, 2012

According to the December 2011 STR Global Construction Pipeline Report published on WorldPropertyChannel.com, 891 hotels totaling 143,484 rooms are in development across Europe.

Among the countries in the region, the U.K. ended December with the most rooms under construction, reporting 11,687 rooms.

Four other countries reported a significant number of rooms under construction: Russia (8,066 rooms); Turkey (5,227 rooms); Germany (4,969 rooms); and Italy (3,129 rooms).

Meanwhile, the Middle East/Africa hotel development pipeline comprises 496 hotels totaling 133,438 rooms.

Among the key markets in the region, Dubai, United Arab Emirates, reported the largest number of rooms in the In Construction phase with 13,349 rooms.

Four other markets reported more than 1,500 rooms under construction: Abu Dhabi, United Arab Emirates (5,298 rooms); Riyadh, Saudi Arabia (2,687 rooms); Cairo, Egypt (1,977 rooms); and Amman, Jordan (1,507 rooms).