Luxury projects dominate as Middle East hotel pipeline expands slightly YOY

PORTSMOUTH, NH – The Q2 2024 Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics reveals that hotel construction projects in the region have reached 607 projects with 147,088 rooms at the quarter’s close. This represents a 2% increase in projects year-over-year, while room numbers are up less than one percent YOY.

As of Q2, 300 projects with 80,867 rooms are currently under construction throughout the Middle East. Projects scheduled to start construction in the...