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Saudi Arabia, Egypt Lead Middle East's Hotel Construction Boom

1reports1reporting sources2026-08-17Update

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Hotel supply growth will affect business travelers' accommodation options and prices, especially in key business destinations like Saudi Arabia and Egypt, potentially offering more choices and competition.

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8月17日
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    Saudi Arabia, Egypt Lead Middle East's Hotel Construction Boom

    Despite demand disruption from the U.S.-Iran war, Middle East hotel construction hit a record: 724 projects and 178,003 rooms under construction in Q2, up 11% and 10% year-over-year. Saudi Arabia leads with 387 projects, Egypt has a record 167. Developers bet on structural growth, with major operators concentrating 90% of pipelines in Saudi, Egypt, and Turkey.