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www.viability.ae…when diligence is due
GCC Pipeline: Another Record-Breaking Year!
April 26th 2014, Le Meridien Dubai*
* This version updated in June 2014 Marsa Malaz Hotel Kempinski, The Pearl Qatar
www.viability.ae…when diligence is due
Viability’s Annual GCC Future Chain Hotel Survey: Methodology
• 14th year of survey
• 134 chains active in the GCC were canvassed directly
• All letting units included (rooms, suites, apartments & villas)
• Excluded:
– All rumoured projects
– All unsigned projects
– All projects with unconfirmed room counts
– All projects on hold or with unconfirmed opening dates
– All single owner-operated properties
• Includes announcements at Arabian Travel Market
No need to take notes!
Copies of this Presentation available Afterwards
www.viability.ae…when diligence is due
Survey Top-Line Data
• 134 chains canvassed
• 72 chains confirmed future pipeline
• Equivalent to 54% in active development mode
• 391 chain properties (cp. 325 in 2009)
• 101,123 keys (cp 92,016 in 2009)
• Opening between 2014 and 2019
• 6 GCC countries
• 34 cities/towns
www.viability.ae…when diligence is due
Total Pipeline Keys: Distribution by Country
Bahrain, 3,251 , 3% Kuwait, 1,147 , 1%
Oman, 5,836 , 6%
Qatar, 10,777 , 11%
Saudi Arabia,
36,880 , 36%
UAE, 43,232 , 43%
www.viability.ae…when diligence is due
Total Pipeline Keys: Distribution by Year
Yr 2014, 24,418 ,
24%
Yr 2015, 29,353 ,
29%
Yr 2016, 26,086 ,
26%
Yr 2017, 12,570 ,
13%
Yr 2018, 5,280 , 5%
Yr 2019, 3,416 , 3%
www.viability.ae…when diligence is due
Total Pipeline Keys: Distribution by Star Rating
5-Star, 62,074 ,
61%
4-Star, 30,231 ,
30%
3-Star, 8,631 , 9% 2-Star, 187 , 0%
www.viability.ae…when diligence is due
Total Pipeline Keys: Distribution by Chain (Top 20)
- 5,000 10,000 15,000 20,000 25,000
Hilton
Starwood
Marriott
Accor
Rotana
IHG
Millennium
Wyndham
Hyatt
Golden Tulip
Rezidor
Fairmont Raffles
The Address
Premier Inn
Anjum
Viceroy
Time
Kempinski
Bin Majid
Four Seasons
Others
9,593
7,912
7,707
6,919
6,729
5,480
4,634
3,884
3,678
3,104
3,070
2,500
2,448
1,848
1,743
1,378
1,273
1,259
1,210
1,194
23,560
www.viability.ae…when diligence is due
Total Pipeline Keys: Distribution by Cities/Towns (Top 20)
- 5,000 10,000 15,000 20,000 25,000 30,000
Dubai
Makkah
Doha
Abu Dhabi
Riyadh
Jeddah
Muscat
Manama
Al Khobar
Ras Al Khaimah
Madinah
Sharjah
Kuwait City
Fujairah
Al Ain
Jizan
Salalah
Ajman
Sohar
Tabouk
Others
28,419
13,724
10,777
9,058
8,954
7,969
4,597
3,078
1,729
1,698
1,540
1,182
1,147
1,077
780
702
506
489
370
370
2,957
www.viability.ae…when diligence is due
Dubai Ranking
Ibis Dubai World Trade
Centre extension
Chain Hotels Keys Rank
Marriott 10 2,596 1
Starwood 5 2,530 2
The Address 7 2,448 3
Wyndham 3 1,889 4
Rotana 5 1,511 5
Hilton 5 1,505 6
Accor 4 1,390 7
Viceroy 3 1,378 8
Paramount 2 1,047 9
Flora 4 920 10
Hyatt 1 869 11
Premier Inn 3 827 12
MGM 3 692 13
Auris 3 635 14
Rezidor 3 633 15
IHG 2 608 16
Coral 2 532 17
Bin Majid 2 500 18
Citymax 2 495 19
Jumeirah 1 435 20
Chain Hotels Keys Rank
Langham 1 323 22
Emirates Grand 1 300 23
Taj 1 296 24
Frasers 2 281 25
Ramee 1 265 26
Baccarat 1 263 27
Blue Bay 2 260 28
Fairmont Raffles 1 260 29
Rosewood 1 250 30
Teal 1 240 31
Four Seasons 1 237 32
Time 1 234 33
Gulf Hotels 1 230 34
Sunland 1 217 35
Steigenberger 1 215 36
City Seasons 1 208 37
Melia 1 194 38
Millennium 1 151 39
Lotus 1 147 40
Total 94 28,419
www.viability.ae…when diligence is due
Dubai Pipeline Images: MGM & Baccarat, Dubai Pearl
www.viability.ae…when diligence is due
Dream Dubai Marina
(Marina 101) &
Viceroy P-17 Tower
www.viability.ae…when diligence is due
Dubai Pipeline Images: ME by Melia & St. Regis/Westin/W
www.viability.ae…when diligence is due
Makkah Ranking
Anjum Hotel
Chain Hotels Keys Rank
Hilton 5 3,378 1
Anjum 1 1,743 2
Marriott 3 1,497 3
Starwood 3 1,496 4
IHG 1 1,238 5
Hyatt 3 1,028 6
Wyndham 1 792 7
Millennium 1 756 8
Best Western 1 560 9
Makarim 2 374 10
Mena 1 367 11
Elaf 1 275 12
Golden Tulip 1 220 13
Total 24 13,724
www.viability.ae…when diligence is due
Makkah Pipeline Images: Makarim Mina &
Elaf Al Salam Hotels
www.viability.ae…when diligence is due
Makkah Pipeline Images: Jabal Omar Project
www.viability.ae…when diligence is due
Doha Ranking
Centara Grand West Bay Hotel Doha
Chain Hotels Keys Rank
Hilton 5 1,385 1
Katara 3 1,142 2
Rotana 3 1,100 3
Accor 4 983 4
Starwood 2 722 5
Shangri-La 2 636 6
Marriott 2 595 7
Capella 1 445 8
Frasers 1 396 9
IHG 1 347 10
Premier Inn 2 319 11
Kempinski 1 285 12
Morgans 1 270 13
Centara 1 264 14
Warwick International 2 250 15
Mandarin Oriental 1 249 16
Millennium 1 232 17
Golden Tulip 1 216 18
Dusit 1 194 19
Hyatt 1 181 20
Shaza 1 180 21
Wyndham 1 153 22
Time 1 114 23
Best Western 1 100 24
Souq Waqif 1 19 25
Total 41 10,777
www.viability.ae…when diligence is due
Doha Pipeline Images: Mandarin Oriental & Solis
www.viability.ae…when diligence is due
Doha Pipeline Images: Souq Waqif (Soy) & Shaza Hotels
www.viability.ae…when diligence is due
Doha Pipeline Images: Katara Towers, Lusail
www.viability.ae…when diligence is due
Riyadh Ranking
Swiss-Belhotel
Chain Hotels Keys Rank
Hilton 7 1,450 1
Rezidor 5 866 2
Accor 4 836 3
IHG 3 771 4
Rotana 3 672 5
Starwood 3 623 6
Hyatt 2 532 7
Movenpick 1 433 8
Fairmont Raffles 1 304 9
Golden Tulip 3 270 10
Wyndham 2 267 11
Marriott 1 238 12
Ascott 1 234 13
Frasers 2 194 14
Swiss Belhotel 2 186 15
Rosewood 1 163 16
Time 1 160 17
Millennium 1 145 18
Nobu 1 134 19
Auris 1 125 20
Coral 1 114 21
Mena 2 92 22
Best Western 1 80 23
Makarim 1 65 24
Total 50 8,954
www.viability.ae…when diligence is due
Riyadh Pipeline Images: Nobu Hotel Riyadh
www.viability.ae…when diligence is due
Riyadh Pipeline Images: Aloft Riyadh
www.viability.ae…when diligence is due
Riyadh Pipeline Images: Sofitel & Wyndham Grand
www.viability.ae…when diligence is due
Abu Dhabi Ranking
Millennium Executive Apartments
Chain Hotels Keys Rank
Rotana 5 1,583 1
Millennium 3 1,093 2
Marriott 4 804 3
Fairmont Raffles 1 782 4
Hilton 2 682 5
Time 3 645 6
Hyatt 1 428 7
Wyndham 2 358 8
Tsogo Sun 1 353 9
Gloria 2 340 10
Danat 3 339 11
Starwood 1 300 12
Accor 1 279 13
Bin Majid 1 260 14
Oetker 1 250 15
Ramee 1 250 16
Four Seasons 1 200 17
IHG 1 112 18
Total 34 9,058
www.viability.ae…when diligence is due
Abu Dhabi Pipeline Images: Fairmont Abu Dhabi Marina &
Millennium Bab Al Qasr
www.viability.ae…when diligence is due
Abu Dhabi Pipeline Images: Southern Sun & Adagio
www.viability.ae…when diligence is due
Abu Dhabi Pipeline Images: Saadiyat Rotana Resort
www.viability.ae…when diligence is due
Jeddah Ranking
Park Inn Jeddah
Chain Hotels Keys Rank
Accor 8 1,582 1
Marriott 3 793 2
Fairmont Raffles 2 718 3
Hyatt 2 640 4
IHG 3 544 5
Rezidor 2 492 6
Elaf 1 365 7
Kempinski 1 350 8
Rocco Forte 1 303 9
Gloria 1 300 10
Starwood 1 300 11
Golden Tulip 1 280 12
Rotana 1 250 13
Ascott 2 247 14
Four Seasons 1 200 15
Landmark 2 180 16
Wyndham 1 165 17
Shaza 1 150 18
Premier Inn 1 110 19
Total 35 7,969
www.viability.ae…when diligence is due
Jeddah Pipeline Images: Rocco Forte & Staybridge Suites
www.viability.ae…when diligence is due
Jeddah Pipeline Images: Four Seasons at Kingdom Tower
www.viability.ae…when diligence is due
Muscat Ranking
Coral Muscat Hotel & Apartments
Chain Hotels Keys Rank
Starwood 3 700 1
Millennium 3 604 2
IHG 2 546 3
Golden Tulip 2 478 4
Kempinski 1 386 5
Rotana 2 345 6
Marriott 1 320 7
Jumeirah 2 316 8
Ascott 1 220 9
Shaza 1 190 10
Premier Inn 1 155 11
Centara 1 154 12
Swiss Belhotel 1 95 13
Coral 1 88 14
Total 22 4,597
www.viability.ae…when diligence is due
Muscat Pipeline Images: Kempinski The Wave, Marriott
& Crowne Plaza Oman Convention and Exhibition Centre
www.viability.ae…when diligence is due
Muscat Pipeline Images: Jumeirah at Saraya Bandar Jissah
www.viability.ae…when diligence is due
Thanks for listening
Tel +971 3 344 3734
Fax +971 4 344 0907
www.viability.ae…when diligence is due
See our revamped web site – www.viability.ae
www.viability.ae…when diligence is due
Contact Viability Management Consultants
Guy Wilkinson
Managing Partner
Viability Management Consultants
PO Box 191234
Dubai
United Arab Emirates
Email: guy@viability.ae
Mobile: +971 50 450 6276
Tel: +971 4 344 3734
Fax: +971 4 344 0907
Web site:www.viability.ae

More Related Content

Viability GCC future chain hotel pipeline survey 2014

  • 1. www.viability.ae…when diligence is due GCC Pipeline: Another Record-Breaking Year! April 26th 2014, Le Meridien Dubai* * This version updated in June 2014 Marsa Malaz Hotel Kempinski, The Pearl Qatar
  • 2. www.viability.ae…when diligence is due Viability’s Annual GCC Future Chain Hotel Survey: Methodology • 14th year of survey • 134 chains active in the GCC were canvassed directly • All letting units included (rooms, suites, apartments & villas) • Excluded: – All rumoured projects – All unsigned projects – All projects with unconfirmed room counts – All projects on hold or with unconfirmed opening dates – All single owner-operated properties • Includes announcements at Arabian Travel Market No need to take notes! Copies of this Presentation available Afterwards
  • 3. www.viability.ae…when diligence is due Survey Top-Line Data • 134 chains canvassed • 72 chains confirmed future pipeline • Equivalent to 54% in active development mode • 391 chain properties (cp. 325 in 2009) • 101,123 keys (cp 92,016 in 2009) • Opening between 2014 and 2019 • 6 GCC countries • 34 cities/towns
  • 4. www.viability.ae…when diligence is due Total Pipeline Keys: Distribution by Country Bahrain, 3,251 , 3% Kuwait, 1,147 , 1% Oman, 5,836 , 6% Qatar, 10,777 , 11% Saudi Arabia, 36,880 , 36% UAE, 43,232 , 43%
  • 5. www.viability.ae…when diligence is due Total Pipeline Keys: Distribution by Year Yr 2014, 24,418 , 24% Yr 2015, 29,353 , 29% Yr 2016, 26,086 , 26% Yr 2017, 12,570 , 13% Yr 2018, 5,280 , 5% Yr 2019, 3,416 , 3%
  • 6. www.viability.ae…when diligence is due Total Pipeline Keys: Distribution by Star Rating 5-Star, 62,074 , 61% 4-Star, 30,231 , 30% 3-Star, 8,631 , 9% 2-Star, 187 , 0%
  • 7. www.viability.ae…when diligence is due Total Pipeline Keys: Distribution by Chain (Top 20) - 5,000 10,000 15,000 20,000 25,000 Hilton Starwood Marriott Accor Rotana IHG Millennium Wyndham Hyatt Golden Tulip Rezidor Fairmont Raffles The Address Premier Inn Anjum Viceroy Time Kempinski Bin Majid Four Seasons Others 9,593 7,912 7,707 6,919 6,729 5,480 4,634 3,884 3,678 3,104 3,070 2,500 2,448 1,848 1,743 1,378 1,273 1,259 1,210 1,194 23,560
  • 8. www.viability.ae…when diligence is due Total Pipeline Keys: Distribution by Cities/Towns (Top 20) - 5,000 10,000 15,000 20,000 25,000 30,000 Dubai Makkah Doha Abu Dhabi Riyadh Jeddah Muscat Manama Al Khobar Ras Al Khaimah Madinah Sharjah Kuwait City Fujairah Al Ain Jizan Salalah Ajman Sohar Tabouk Others 28,419 13,724 10,777 9,058 8,954 7,969 4,597 3,078 1,729 1,698 1,540 1,182 1,147 1,077 780 702 506 489 370 370 2,957
  • 9. www.viability.ae…when diligence is due Dubai Ranking Ibis Dubai World Trade Centre extension Chain Hotels Keys Rank Marriott 10 2,596 1 Starwood 5 2,530 2 The Address 7 2,448 3 Wyndham 3 1,889 4 Rotana 5 1,511 5 Hilton 5 1,505 6 Accor 4 1,390 7 Viceroy 3 1,378 8 Paramount 2 1,047 9 Flora 4 920 10 Hyatt 1 869 11 Premier Inn 3 827 12 MGM 3 692 13 Auris 3 635 14 Rezidor 3 633 15 IHG 2 608 16 Coral 2 532 17 Bin Majid 2 500 18 Citymax 2 495 19 Jumeirah 1 435 20 Chain Hotels Keys Rank Langham 1 323 22 Emirates Grand 1 300 23 Taj 1 296 24 Frasers 2 281 25 Ramee 1 265 26 Baccarat 1 263 27 Blue Bay 2 260 28 Fairmont Raffles 1 260 29 Rosewood 1 250 30 Teal 1 240 31 Four Seasons 1 237 32 Time 1 234 33 Gulf Hotels 1 230 34 Sunland 1 217 35 Steigenberger 1 215 36 City Seasons 1 208 37 Melia 1 194 38 Millennium 1 151 39 Lotus 1 147 40 Total 94 28,419
  • 10. www.viability.ae…when diligence is due Dubai Pipeline Images: MGM & Baccarat, Dubai Pearl
  • 11. www.viability.ae…when diligence is due Dream Dubai Marina (Marina 101) & Viceroy P-17 Tower
  • 12. www.viability.ae…when diligence is due Dubai Pipeline Images: ME by Melia & St. Regis/Westin/W
  • 13. www.viability.ae…when diligence is due Makkah Ranking Anjum Hotel Chain Hotels Keys Rank Hilton 5 3,378 1 Anjum 1 1,743 2 Marriott 3 1,497 3 Starwood 3 1,496 4 IHG 1 1,238 5 Hyatt 3 1,028 6 Wyndham 1 792 7 Millennium 1 756 8 Best Western 1 560 9 Makarim 2 374 10 Mena 1 367 11 Elaf 1 275 12 Golden Tulip 1 220 13 Total 24 13,724
  • 14. www.viability.ae…when diligence is due Makkah Pipeline Images: Makarim Mina & Elaf Al Salam Hotels
  • 15. www.viability.ae…when diligence is due Makkah Pipeline Images: Jabal Omar Project
  • 16. www.viability.ae…when diligence is due Doha Ranking Centara Grand West Bay Hotel Doha Chain Hotels Keys Rank Hilton 5 1,385 1 Katara 3 1,142 2 Rotana 3 1,100 3 Accor 4 983 4 Starwood 2 722 5 Shangri-La 2 636 6 Marriott 2 595 7 Capella 1 445 8 Frasers 1 396 9 IHG 1 347 10 Premier Inn 2 319 11 Kempinski 1 285 12 Morgans 1 270 13 Centara 1 264 14 Warwick International 2 250 15 Mandarin Oriental 1 249 16 Millennium 1 232 17 Golden Tulip 1 216 18 Dusit 1 194 19 Hyatt 1 181 20 Shaza 1 180 21 Wyndham 1 153 22 Time 1 114 23 Best Western 1 100 24 Souq Waqif 1 19 25 Total 41 10,777
  • 17. www.viability.ae…when diligence is due Doha Pipeline Images: Mandarin Oriental & Solis
  • 18. www.viability.ae…when diligence is due Doha Pipeline Images: Souq Waqif (Soy) & Shaza Hotels
  • 19. www.viability.ae…when diligence is due Doha Pipeline Images: Katara Towers, Lusail
  • 20. www.viability.ae…when diligence is due Riyadh Ranking Swiss-Belhotel Chain Hotels Keys Rank Hilton 7 1,450 1 Rezidor 5 866 2 Accor 4 836 3 IHG 3 771 4 Rotana 3 672 5 Starwood 3 623 6 Hyatt 2 532 7 Movenpick 1 433 8 Fairmont Raffles 1 304 9 Golden Tulip 3 270 10 Wyndham 2 267 11 Marriott 1 238 12 Ascott 1 234 13 Frasers 2 194 14 Swiss Belhotel 2 186 15 Rosewood 1 163 16 Time 1 160 17 Millennium 1 145 18 Nobu 1 134 19 Auris 1 125 20 Coral 1 114 21 Mena 2 92 22 Best Western 1 80 23 Makarim 1 65 24 Total 50 8,954
  • 21. www.viability.ae…when diligence is due Riyadh Pipeline Images: Nobu Hotel Riyadh
  • 22. www.viability.ae…when diligence is due Riyadh Pipeline Images: Aloft Riyadh
  • 23. www.viability.ae…when diligence is due Riyadh Pipeline Images: Sofitel & Wyndham Grand
  • 24. www.viability.ae…when diligence is due Abu Dhabi Ranking Millennium Executive Apartments Chain Hotels Keys Rank Rotana 5 1,583 1 Millennium 3 1,093 2 Marriott 4 804 3 Fairmont Raffles 1 782 4 Hilton 2 682 5 Time 3 645 6 Hyatt 1 428 7 Wyndham 2 358 8 Tsogo Sun 1 353 9 Gloria 2 340 10 Danat 3 339 11 Starwood 1 300 12 Accor 1 279 13 Bin Majid 1 260 14 Oetker 1 250 15 Ramee 1 250 16 Four Seasons 1 200 17 IHG 1 112 18 Total 34 9,058
  • 25. www.viability.ae…when diligence is due Abu Dhabi Pipeline Images: Fairmont Abu Dhabi Marina & Millennium Bab Al Qasr
  • 26. www.viability.ae…when diligence is due Abu Dhabi Pipeline Images: Southern Sun & Adagio
  • 27. www.viability.ae…when diligence is due Abu Dhabi Pipeline Images: Saadiyat Rotana Resort
  • 28. www.viability.ae…when diligence is due Jeddah Ranking Park Inn Jeddah Chain Hotels Keys Rank Accor 8 1,582 1 Marriott 3 793 2 Fairmont Raffles 2 718 3 Hyatt 2 640 4 IHG 3 544 5 Rezidor 2 492 6 Elaf 1 365 7 Kempinski 1 350 8 Rocco Forte 1 303 9 Gloria 1 300 10 Starwood 1 300 11 Golden Tulip 1 280 12 Rotana 1 250 13 Ascott 2 247 14 Four Seasons 1 200 15 Landmark 2 180 16 Wyndham 1 165 17 Shaza 1 150 18 Premier Inn 1 110 19 Total 35 7,969
  • 29. www.viability.ae…when diligence is due Jeddah Pipeline Images: Rocco Forte & Staybridge Suites
  • 30. www.viability.ae…when diligence is due Jeddah Pipeline Images: Four Seasons at Kingdom Tower
  • 31. www.viability.ae…when diligence is due Muscat Ranking Coral Muscat Hotel & Apartments Chain Hotels Keys Rank Starwood 3 700 1 Millennium 3 604 2 IHG 2 546 3 Golden Tulip 2 478 4 Kempinski 1 386 5 Rotana 2 345 6 Marriott 1 320 7 Jumeirah 2 316 8 Ascott 1 220 9 Shaza 1 190 10 Premier Inn 1 155 11 Centara 1 154 12 Swiss Belhotel 1 95 13 Coral 1 88 14 Total 22 4,597
  • 32. www.viability.ae…when diligence is due Muscat Pipeline Images: Kempinski The Wave, Marriott & Crowne Plaza Oman Convention and Exhibition Centre
  • 33. www.viability.ae…when diligence is due Muscat Pipeline Images: Jumeirah at Saraya Bandar Jissah
  • 34. www.viability.ae…when diligence is due Thanks for listening Tel +971 3 344 3734 Fax +971 4 344 0907
  • 35. www.viability.ae…when diligence is due See our revamped web site – www.viability.ae
  • 36. www.viability.ae…when diligence is due Contact Viability Management Consultants Guy Wilkinson Managing Partner Viability Management Consultants PO Box 191234 Dubai United Arab Emirates Email: guy@viability.ae Mobile: +971 50 450 6276 Tel: +971 4 344 3734 Fax: +971 4 344 0907 Web site:www.viability.ae