Construction Pipeline Central/South America

Central And South America Hotel Development Pipeline For February 2014 at 319 Hotels

This represents a 40.9-percent increase in rooms in the total active pipeline and a 44.2-percent increase in rooms under construction over February 2013.

STR Global The Central/South America hotel development pipeline comprises 319 hotels totalling 51,482 rooms, according to the February 2014 STR Global Construction Pipeline Report. This represents a 40.9-percent increase in rooms in the total active pipeline and a 44.2-percent increase in rooms under construction over February 2013. 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 (23.1 percent) with 11,908 rooms. Two other segments each accounted for 20 percent or more of rooms in the total active pipeline: the Midscale segment (21.2 percent with 10,936 rooms) and the Upper Midscale segment (20.4 percent with 10,513 rooms). The Luxury segment made up the smallest portion of rooms in the total active pipeline (6.0 percent) with 3,104 rooms.

The Upscale segment accounted for the largest portion of rooms under construction (30.3 percent with 6,359 rooms), followed by the Upper Midscale segment (18.9 percent with 3,973 rooms) and the Midscale segment (17.4 percent with 3,642 rooms).

About STR Global:

STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and Hotel News Now. 



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