HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline comprises 133 hotels totalling 20,320 rooms, according to the May 2011 STR Construction Pipeline Report.
Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms (26.0 percent) in the total active pipeline with 5,281 rooms. Three other segments each made up more than 15 percent of rooms in the total active pipeline: the Upper Midscale segment (23.4 percent with 4,748 rooms); the Luxury segment (19.9 percent with 4,039 rooms); and the Unaffiliated segment (16.6 percent with 3,383 rooms). The Economy segment made up the smallest portion of rooms in the total active pipeline with 0.6 percent and 122 rooms.
During the remainder of 2011, the Upscale segment is expected to have the largest number of rooms open with 2,028 rooms and 8 projects. The Unaffiliated segment is also expecting a large amount of rooms open with 1,335 rooms and 7 projects.
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Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Communications Coordinator
rurie@str.com
+1 (615) 824-8664 ext. 3305
