Lodging Econometrics reports that the hotel development
pipeline in the Middle East is up 11% by projects and 7% by rooms
year-over-year.
Developers in the Middle East are responding to the call for
larger, more luxury accommodations as 79% of the development pipeline projects
in the Middle East are found within the top three chain scales - luxury, upper
upscale, and upscale, with the luxury and upper upscale chain scales reaching
peak development counts at the end of Q1 23.
Download the latest data from the region by clicking here.