Saudi Arabia leads Mideast hotel construction activity: STR data  

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Sun, 2023-04-23 13:59

RIYADH: Saudi Arabia leads the Middle East and Africa’s hotel construction activity with over 40,000 rooms under construction as of March, the latest data from hotel industry monitoring firm STR showed. 

With 42,033 hotel rooms, the Kingdom accounts for 35.1 percent of 119,505 total keys under construction in the region.  

That places Saudi Arabia only after China and the US — which currently have 299,458 rooms and 154,284 rooms under construction respectively — making it one of the biggest hotel construction markets in the world despite a global slowdown. 

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