STR Global: Dubai Still Leads Hotel Construction
Published by Irhal
The January STR Global Construction Pipeline Report shows that Dubai continues to lead in hotel construction, with 30,222 rooms in the total active pipeline and 15,563 rooms in the ‘In Construction’ phase. The figures for Dubai come even as industry experts express concern that there may be an oversupply of hotels in the emirate this year. The STR report shows that 14 new hotels with over 3,000 rooms have been…
Abu Dhabi had the second highest number of rooms in the active pipeline at 13,596, with 7,200 rooms in the ‘In Construction phase’. Among all the countries in the region, the UAE reported the highest number of rooms in the total active pipeline and in the ‘In Construction’ phase.
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