Among the countries in the region, Mexico reported the most rooms under construction with 6,291 rooms in 39 hotels. The Bahamas followed with 2,670 rooms in five hotels.
Hilton Worldwide last week announced the signing of a management agreement with Inversiones Robledo, SAS - a joint venture between Proinversión and TVP Management, to introduce its Homewood Suites by Hilton brand to Santo Domingo, Dominican Republic.
Among the Chain Scale segments, four segments each accounted for 15.0 percent or more of rooms Under Contract: Upscale (23.1 percent with 6,901 rooms); Luxury (22.1 percent with 6,586 rooms); Upper Midscale (16.7 percent with 4,977 rooms); and Upper Upscale (15.0 percent with 4,475 rooms).
Conversations at the recent Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami confirmed that the regions hospitality markets are in the midst of dramatic, positive change.
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