Construction Pipeline Caribbean And Mexico

Caribbean And Mexico Hotel Development Pipeline For July 2014 at 167 Hotels

This represents a 21.8-percent increase in rooms Under Contract, compared with July 2013, and a 23.2-percent increase in rooms under construction. The total rooms Under Contract include rooms in the In Construction, Final Planning and Planning stages but do not include rooms in the Unconfirmed stage.

Smith Travel Research The Caribbean/Mexico hotel development pipeline comprises 167 hotels totaling 28,140 rooms, according to the July 2014 STR Construction Pipeline Report. 

This represents a 21.8-percent increase in rooms Under Contract, compared with July 2013, and a 23.2-percent increase in rooms under construction. The total rooms Under Contract include rooms in the In Construction, Final Planning and Planning stages but do not include rooms in the Unconfirmed stage.

Among the Chain Scale segments, the Luxury segment accounted for the largest portion of rooms Under Contract (21.4 percent) with 6,028 rooms. Three other segments each accounted for more than 15.0 percent of rooms Under Contract: the Upscale segment (20.9 percent with 5,887 rooms); the Upper Midscale segment (20.4 percent with 5,746 rooms); and the Unaffiliated segment (19.5 percent with 5,480 rooms).

The Luxury segment (29.0 percent with 3,715 rooms) and the Unaffiliated segment (25.3 percent with 3,242 rooms) made up the largest portion of rooms under construction in the region.


About STR

STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering the United States, Canada, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and Hotel News Now. STR also founded the Hotel Data Conference.




Logos, product and company names mentioned are the property of their respective owners.

comments powered by Disqus