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Central/South America pipeline for July

August 30, 2014 Statistics & Trends No Comments Email Email

The Central/South America hotel development pipeline comprises 384 hotels totalling 62,958 rooms, according to the July 2014 STR Global Construction Pipeline Report.
The total Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

Among the Chain Scale segments, three each accounted for more than 20.0 percent of rooms Under Contract: the Upscale segment (23.3 percent with 14,696 rooms); the Midscale segment (22.3 percent with 14,022 rooms); and the Upper Midscale segment (22.2 percent with 13,970 rooms).

The Upscale segment made up the largest percent of rooms under construction (29.8 percent) with 7,289 rooms. Two other segments each accounted for more than 15.0 percent of rooms under construction: the Midscale segment (19.8 percent with 4,841 rooms) and the Upper Midscale segment (19.7 percent with 4,820 rooms).

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