Middle East’s hotel construction pipeline slows down in first quarter of 2020

Middle East’s hotel construction pipeline slows down in first quarter of 2020

Analysts at Lodging Econometrics (LE) state in the first quarter of 2020, the hotel construction pipeline in the Middle East decelerated slightly to 607 projects or 172,182 rooms, down 3% and 5% respectively, year-over-year (YOY). Projects currently under construction are at 357 projects or 114,817 rooms. Projects scheduled to start construction in the next 12 […]

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