Construction Pipeline Central/South America

Central And South America Hotel Development Pipeline For March 2015 Up 9.5% over 2014

There are 439 hotels totalling 69,820 rooms Under Contract in the Central/South America region, according to the March 2015 STR Global Construction Pipeline Report.

STR Global There are 439 hotels totalling 69,820 rooms Under Contract in the Central/South America region, according to the March 2015 STR Global Construction Pipeline Report. This represents a 9.5-percent year-over-year increase in rooms Under Contract compared with March 2014 and a 19.9-percent increase in rooms under construction. The Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

The region reported 29,187 rooms in 176 hotels under construction for the month.

Among the countries in the region, Brazil reported the most rooms under construction with 17,342 in 98 hotels. Four other countries reported more than 1,000 rooms under construction: Colombia (3,615 rooms in 22 hotels); Argentina (1,237 rooms in nine hotels); Chile (1,188 rooms in eight hotels); and Panama (1,077 rooms in seven hotels).


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, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, STR Analytics and Hotel News Now. For more information, please visit www.strglobal.com.



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