Europe, Middle East and Africa Show Major Hospitality Gains [Download construction report]
The three regions, which are almost inextricably tied due to their mutual proximities, all have a number of exciting hotel projects in their pipelines.
Europe, Middle East and Africa, while culturally dissimilar for the most part, are a trio of regions that are inextricably bound together given their locations and close proximity.
To put it in the simplest possible terms, because these three regions are close, their tourism markets depend anywhere from somewhat to largely on visitors from the other regions. As such, we’d like to take a look today at a recent report from the TOPHOTELCONSTRUCTION database that checks in on the current hospitality project pipelines in all three regions.
According to numbers from the TOPHOTELCONSTRUCTION database, the pipelines in all three regions are robust. A closer look reveals that cumulatively, they outpace even the might Asia Pacific region in forthcoming new hotel projects.
To get more specific, the Asia Pacific region currently has a grand total of 2,036 new hotel projects on the way. Europe, meanwhile, has 1,410 new projects coming, while the Middle East has 613, and Africa has 274. All told those three regions have a total of 2,279 new projects versus the Asia Pacific’s 2,036. Percentage wise, this comes out to a total of 35 percent of the world’s new projects for the Asia Pacific and 39 percent for Europe, Africa, and the Middle East.
What is perhaps most illustrative of what to expect in the years to come from these three regions is a look at some of the top hotels there that are destined to open in the very near future.
Jumeirah Beach MGM Resort in Dubai
Once it opens, this hotel will feature a whopping 1,000 new rooms for guests. The 26-acre prime beachfront development, which will feature an MGM Hotel, MGM Residences and a Bellagio Hotel, will mark the debut of the iconic MGM and Bellagio brand names in the Middle East region. A luxurious sanctuary on magnificent Jumeirah Beach set apart from the bustle of Dubai, the integrated resort will be an entertainment destination of the future, featuring a wide spectrum of activities for all ages.
As part of the two million square-foot development, more than a half-million square feet will feature a dazzling theater, an exciting mix of culinary venues ranging from gourmet to casual dining, specialty retail shops, traditional and interactive museums, a sprawling beach club and thrilling adventure zones for both adults and children.
A new hotel-entertainment complex Selena is planned to be opened in Primorskiy region. The 619 ha complex will consist of two hotels, a casino, six bars, restaurants and a shopping gallery. Once it opens, it will feature a total of 725 new rooms for guests.
Once this hotel opens, it will feature 538 new rooms for guests. A project to build a luxury resort at Bengil in Lagoa and is scheduled to start 2019. The ‘luxury tourist development,’ which includes a hotel, a tourist village and a hotel-apartment building, is planned to centre on the currently unspoiled, small but beautiful, Benagil beach area. The development will occupy 300 meters of coastline between Benagil and Marina beach and will add 1,279 tourist beds to the region’s total. The completion of the new venture will involve the replacement of part of the 1273 municipal road and its improvement between Caramujeira and Benagil. Two public car parks will be built near to Benagil beach.
Let’s take a look at a few other projects currently underway in this regions:
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