Central And South America Hotel Development Pipeline For January 2013 at 239 Hotels

The Central/South America hotel development pipeline comprises 239 hotels totalling 36,936 rooms, according to the January 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.

In January 2013, two hotels with 300 rooms opened in the region. In 2013, 85 hotels with 12,746 rooms are expected to open. The Midscale segment is expected to open the most rooms (31 hotels with 3,590 rooms) during the rest of 2013, followed by the Upscale segment (17 hotels with 2,565 rooms) and the Upper Midscale segment (16 hotels with 2,379 rooms).

In 2014, 101 hotels are expected to open in the region with 16,085 rooms. The Upper Midscale segment is expected to open the most rooms with 27 hotels comprising 4,083 rooms, followed by the Upscale segment (23 hotels with 4,046 rooms) and the Midscale segment (28 hotels with 3,340 rooms).


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