>STR Global reports Middle East/Africa pipeline for June 2009

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>LONDON—The Middle East/Africa hotel development pipeline includes 463 hotels with 124,409 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.
“A few countries have really dominated the development in the Middle East after skyrocketing oil prices led to an upswing in hotel investment a few years ago,” said Duane Vinson, vice president of content management at STR. “The leader of course is the United Arab Emirates, where 169 projects comprising more than 58,000 rooms are in the total active pipeline. The other country that’s been very active is Saudi Arabia, which has 42 projects under development.”

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