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STR Global: Central/South America pipeline for January 2014

February 15, 2014 Statistics & Trends No Comments Email Email

The Central/South America hotel development pipeline comprises 332 hotels totalling 53,587 rooms, according to the January 2014 STR Global Construction Pipeline Report.

This represents a 45.1-percent increase in rooms in the total active pipeline and a 62.6-percent increase in rooms under construction. 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.

Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline (23.5 percent) with 12,590 rooms. Two other segments each accounted for 20 percent or more of rooms in the total active pipeline: the Midscale segment (21.1 percent with 11,324 rooms) and the Upper Midscale segment (20.0 percent with 10,698 rooms). The Luxury segment made up the smallest portion of rooms in the total active pipeline (6.4 percent) with 3,405 rooms.

The Upscale segment accounted for the largest portion of rooms under construction (30.1 percent) with 6,333 rooms, followed by the Upper Midscale segment (18.4 percent with 3,873 rooms) and the Midscale segment (17.3 percent with 3,642 rooms).

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