133 Hotels in Caribbean-Mexico Hotel Pipeline for May, 224 in Central-South America

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According to the May 2012 STR Global Construction Pipeline Report, the Caribbean/Mexico hotel development pipeline comprises 133 hotels totaling 19,201 rooms.

Among the Chain Scale segments, the Upscale segment represented the largest portion of rooms in the total active pipeline with 25.2 percent and 4,836 rooms. Three other segments each made up more than 15 percent of rooms in the total active pipeline: the Upper Midscale segment (20.9 percent with 4,015 rooms); the Luxury segment (19.6 percent with 3,767 rooms); and the Unaffiliated segment (19.4 percent with 3,734 rooms).




Central/South America Hotel Pipeline for May 2012

The Central/South America hotel development pipeline comprises 224 hotels totaling 31,625 rooms.

Year-to-date 2012, 15 properties with 2,977 rooms opened in the region. For the remainder of the year, 38 properties with 5,497 rooms are scheduled to open. The Upscale segment is expected to open the most rooms with 1,299 rooms in 10 properties, followed by the Upper Midscale segment with 1,063 rooms in seven properties.

In 2013, the region is expecting to open 83 properties with 12,243 rooms. The most rooms are planned to open in the Upscale segment (3,419 rooms in 22 properties), the Midscale segment (3,171 rooms in 25 properties) and the Upper Upscale segment (2,482 rooms in 12 properties).

In 2014, 59 properties are planned to open in the region with 7,286 rooms.