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STR Global: Central/South America pipeline for June

July 17, 2013 Statistics & Trends No Comments Email Email

The Central/South America hotel development pipeline comprises 247 hotels totalling 39,537 rooms, according to the June 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.

Year-to-date 2013, 23 hotels have opened in the region with 3,066 rooms. During the remainder of 2013, 47 hotels are expected to open with 6,791 rooms. The Upper Midscale segment is projected to open the most rooms with 2,262 rooms in 15 hotels, followed by the Upscale segment (1,707 rooms in 11 hotels) and the Midscale segment (1,350 rooms in 11 hotels).

In 2014, 104 hotels are planned to open with 17,072 rooms. The most rooms are expected to open in the Midscale segment (3,992 rooms in 32 hotels), the Upscale segment (3,842 rooms in 23 hotels) and the Upper Midscale segment (2,845 rooms in 21 hotels).

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