According to the recent construction pipeline trend report for the Middle East from Lodging Econometrics (LE), the total pipeline has 513 projects/136,683 rooms, up 21 percent by projects and 6 percent by rooms year-over-year (YOY).
For hotels currently under construction, the Middle East Pipeline has 298 projects/81,169 rooms, up 28 percent by projects and 6 percent by rooms YOY. There are 108 projects/25,783 rooms scheduled to start construction in the next 12 months, up 23 percent by projects and 20 percent by rooms. Projects in early planning, 107 projects/29,731 rooms, are up 3 percent by projects and down 3 percent by rooms.
