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STR reports Caribbean/Mexico hotel pipeline for May

June 20, 2013 Statistics & Trends No Comments Email Email

The Caribbean/Mexico hotel development pipeline comprises 128 hotels totaling 21,858 rooms, according to the May 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.

Among the Chain Scale segments, the Luxury segment reported the largest portion of rooms in the total active pipeline with 31.6 percent and 6,901 rooms. Three other segments each accounted for more than 15 percent of rooms in the active pipeline: the Upscale segment (22.1 percent with 4,835 rooms); the Unaffiliated segment (18.4 percent with 4,029 rooms); and the Upper Midscale segment (16.7 percent with 3,658 rooms).

Four segments each made up more than 10 percent of rooms under construction: the Luxury segment (35.8 percent with 3,782 rooms); the Unaffiliated segment (24.6 percent with 2,597 rooms); the Upscale segment (19.7 percent with 2,081 rooms); and the Upper Midscale segment (11.0 percent with 1,166 rooms).

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