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Press Release

Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. The region boasts an impressive...

Lodging Econometrics
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Hotel Openings
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Real Estate & Investment
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Supply Construction
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Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 201823 February 2024Lodging EconometricsSupply Construction
Middle East Hotel Construction Pipeline Marks Highest Year-Over-Year Project Growth Since 2018
Performance

Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close

According to the Q3 2023 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the third quarter, the hotel construction pipeline in the region stands at 585 projects/139,582 rooms. Project counts in the region...

Lodging Econometrics
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Hotel Openings
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Real Estate & Investment
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Markets & Performance
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Supply Construction
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Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close22 November 2023Lodging EconometricsSupply Construction
Higher-End Chain Scale Projects Dominate the Middle East Hotel Construction Pipeline, Reaching Record Highs at Q3 Close
Performance

Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 ‘23

In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The total pipeline st...

Lodging Econometrics
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Real Estate & Investment
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Markets & Performance
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Supply Construction
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Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 ‘2329 August 2023Lodging EconometricsSupply Construction
Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 ‘23
IHG® signs MOU with the Saudi Tourism Authority
Press Release

IHG® signs MOU with the Saudi Tourism Authority

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian Travel Market 2023.

IHG Hotels & Resorts
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Partnerships, Mergers & Acquisitions
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IHG® signs MOU with the Saudi Tourism Authority 2 May 2023IHGSupply Construction
IHG® signs MOU with the Saudi Tourism Authority
Performance

Middle East Finishes the Year Strong with Record-High New Hotel Openings in Q4 2022

According to the Q4 2022 Middle East Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the quarter, LE analysts report that the hotel construction pipeline in the region stands at 549 projects/143,637 rooms. Hotel deve...

Lodging Econometrics
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Hotel Openings
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Markets & Performance
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Supply Construction
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Middle East Finishes the Year Strong with Record-High New Hotel Openings in Q4 202223 February 2023Lodging EconometricsSupply Construction
Middle East Finishes the Year Strong with Record-High New Hotel Openings in Q4 2022