The Middle East’s hotel construction pipeline set another cyclical high in the third quarter of 2018, with a total of 617 projects and 180,097 rooms.
According to analysts at Lodging Econometrics (LE), the new pipeline project counts are up 8 percent while room counts show a 15 percent increase year-over-year.
Figures cited by Hotelier Middle East also revealed that AccorHotels is the top company in the Middle East having the largest construction pipeline with 102 projects and 28,079 rooms, a record high for the company.
Marriott International follows with 95 projects and 21,083 rooms, and Hilton Worldwide, also reached record highs in 2018, with 90 projects and 25,888 rooms.
The leading pipeline brands, according to LE, for these companies are AccorHotels’ Ibis brands with 18 projects and 5,861 rooms, and Novotel, with 16 projects and 5,204 rooms while Marriott’s Courtyard with 21 projects and 4,476 rooms and Residence Inn with 16 projects and 1,877 rooms both recorded their highest pipeline counts.
