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STR Global: C./S. America pipeline for October

November 21, 2013 Statistics & Trends No Comments Email Email

The Central/South America hotel development pipeline comprises 255 hotels totalling 41,186 rooms, according to the October 2013 STR Global Construction Pipeline Report.

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

Through the end of October, 112 hotels with 18,391 rooms were under construction.

Among the Top Markets with rooms under construction from the active pipeline, the Brazil area reported the largest number of rooms under construction (5,443 rooms). The four other regions that also reported the highest number of rooms under construction include: Colombia (2,636 rooms); Panama (1,943 rooms); Argentina (1,843 rooms); and Rio de Janeiro, Brazil (1,756 rooms).

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