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C./S. America pipeline for February

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16 March 2012
HNN Newswire


LONDON—The Central/South America hotel development pipeline comprises 213 hotels totalling 30,657 rooms, according to the February 2012 STR Global Construction Pipeline Report.

Among the Chain Scale segments, the Midscale Segment accounted for the largest portion of rooms in the total active pipeline with 23.9 percent and 7,336 rooms, followed by the Upscale segment (22.2 percent with 6,799 rooms) and the Upper Upscale segment (20.1 percent with 6,166 rooms).

Four segments each accounted for more than 10 percent of rooms in the In Construction phase: the Upper Upscale (30.5 percent with 3,801 rooms); the Upper Midscale segment (22.7 percent with 2,826 rooms); the Upscale segment (19.3 percent with 2,407 rooms); and the Luxury segment (11.6 percent with 1,439 rooms).

Central/South America pipeline by Chain Scale segment for February 2012 (number of rooms):

Chain Scale Existing Supply In Construction Total Active Pipeline*
Luxury 11,592 1,439 2,792
Upper Upscale 22,947 3,801 6,166
Upscale 51,645 2,407 6,799
Upper Midscale 22,080 2,826 4,283
Midscale 18,116 1,211 7,336
Economy 3,704 340 1,462
Unaffiliated 221,430 424 1,819
Total 351,514 12,448 30,657

*Includes those projects in the In Construction, Final Planning and Planning phases.
Source: STR Global

Media contacts:

Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

Konstanze Auernheimer
Director of Marketing & Analysis
STR Global
KAuernheimer@strglobal.com
+44 (0)207 922 1961

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