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Caribbean/Mexico pipeline for October

November 20, 2013 Statistics & Trends No Comments Email Email

Led by the Upper Midscale and Upscale segments, the Caribbean/Mexico hotel development pipeline comprises 138 hotels totaling 23,751 rooms, according to the October 2013 STR Construction Pipeline Report.

The total active pipeline includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

The Upper Midscale segment in the region has 34 hotels comprising 4,025 rooms in the active pipeline, followed by the Upscale segment (31 hotels comprising 5,070 rooms) and the Luxury segment (27 properties comprising 7,268 rooms).

Mexico, which has had 13 hotels comprising 1,662 rooms recently open, has 91 hotels (13,637 rooms) in the active pipeline to lead the region. The Dominican Republican is second on the list, with 12 hotels (2,680 rooms).

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