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FINANCIAL NEWS
ME, Africa to launch 141 hotels in 2014
20 Apr 2013
(MENAFN) STR Global stated that in 2014, 141 hotels will be launched in the Middle East and Africa region, with 30,924 rooms, reported Arabian Business.
The company added that during the current year, 133 hotels are projected to be opened in the region, noting that in the first quarter of 2013, the region welcomed 11 hotels, with 1,683 rooms.
In the rest of the year, the region will add 34,931 rooms.
Meanwhile, during the coming year, 11,269 rooms are expected to be launched in the Upper Upscale segment, while 6,186 rooms will be opened in the Luxury segment and 5,909 rooms will be launched in the Upscale segment.
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