MIDDLE EAST Construction Report

July 2021 tophotelprojects.com Regions OVERVIEW

Europe 1,865 Projects 313,814 Rooms

North America 1,857 Projects 392,462 Rooms

Middle East 632 Projects 185,376 Rooms

Asia Pacific 2,577 Projects 608,758 Rooms Africa 278 Projects Latin America 62,122 Rooms 231 Projects 41,314 Rooms

tophotelprojects.com Luxury

314 Projects 98,192 Rooms Categories HOTEL SEGMENT

50% of all 632 hotel projects that are currently in the Middle East will be four-star . In terms of hotel rooms the ratio of first class to luxury hotels is 47% to 53%. 50%

50%

First Class

318 Projects 87,184 Rooms

tophotelprojects.com Year of Opening OVERVIEW

33%

27%

25%

15%

2021 2022 2023 2024+

169 Projects 211 Projects 92 Projects 160 Projects 42,660 Rooms 67,105 Rooms 26,710 Rooms 48,901 Rooms

tophotelprojects.com Construction PHASE

2% 22% 11%

Vision Planning Pre-Opening

11 Projects 137 Projects 70 Projects 2,174 Rooms 38,845 Rooms 16,645 Rooms

Pre-Planning Under Construction

58 Projects 356 Projects 16,064 Rooms 111,648 Rooms

9% 56%

5 tophotelprojects.com Countries TOP 10

When it comes to the top 10 countries for hotel construction in the Middle East region , Country Projects Rooms the list is perhaps less surprising that one might think. With almost 200 projects, the UAE is currently leading in terms of new hotel projects in the pipeline. 1. United Arab Emirates 199 58,214

2. Saudi Arabia 160 70,686

3. Israel 61 11,841

4. Qatar 46 12,999

5. Turkey 43 7,709

6. Oman 32 6,293

7. Georgia 30 5,074

8. Bahrain 17 3,636

9. Kuwait 13 2,254

10. Iraq 12 2,411

tophotelprojects.com Cities TOP 10

With 142 hotels in the pipeline Dubai is still a pioneer in expanding its hotel industry City Projects Rooms strongly.

1. Dubai 142 43,416

2. Riyadh 41 9,586

3. Jeddah 37 9,139

4. Doha 35 9,158

5. Makkah 28 32,668

6. Tel Aviv 26 4,737

7. Muscat 19 4,142

8. Ras al-Khaimah 17 5,468

9. Tbilisi 16 2,531

10. Abu Dhabi 15 2,610

tophotelprojects.com Hotel Groups TOP 5

Accor IHG Hotels & Resorts

70 Projects 65 Projects 55 Projects 38 Projects 30 Projects 20,855 Rooms 16,942 Rooms 16,141 Rooms 13,244 Rooms 6,872 Rooms

tophotelprojects.com Hotel Brands TOP 10

Millennium Hotels Hilton Hotels & Resorts Doubletree by Hilton

15 Projects 15 Projects 14 Projects 14 Projects 12 Projects 5,093 Rooms 3,362 Rooms 5,379 Rooms 2,852 Rooms 2,754 Rooms

Holiday Inn Hotels & Resorts Mövenpick Hotels & Resorts & Resorts Intercontinental Hotels & Resorts

11 Projects 11 Projects 11 Projects 11 Projects 11 Projects 5,989 Rooms 4,545 Rooms 3,721 Rooms 2,584 Rooms 2,314 Rooms

tophotelprojects.com All data displayed in this report are extracted from the TOPHOTELPROJECTS construction database in June 2021. We include all project categories and phases for all four and five-star hotel projects. Please note that this data may differ from the current figures you will find in the database, as our international research team is updating and adding projects daily. For any questions or quires, do not hesitate to get in touch with us.

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