HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline comprises 128 hotels totaling 17,886 rooms, according to the March 2012 STR Construction Pipeline Report.
Among Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline with 25.9 percent and 4,629 rooms. Three other segment also each accounted for more than 15 percent of rooms in the total active pipeline: the Luxury segment (22.5 percent with 4,022 rooms); the Upper Midscale segment (20.8 percent with 3,713 rooms); and the Unaffiliated segment (18.4 percent with 3,285 rooms).
Caribbean/Mexico pipeline by Chain Scale segment for March 2012 (number of rooms):
| Chain Scale |
Existing Supply |
In Construction |
Total Active Pipeline* |
| Luxury |
20,502 |
2,164 |
4,022 |
| Upper Upscale |
35,097 |
- |
591 |
| Upscale |
83,393 |
1,185 |
4,629 |
| Upper Midscale |
37,460 |
1,109 |
3,713 |
| Midscale |
38,580 |
1,041 |
1,646 |
| Economy |
3,424 |
- |
- |
| Unaffiliated |
363,320 |
2,865 |
3,285 |
| Total |
581,776 |
8,364 |
17,886 |
*Includes those projects in the In Construction, Final Planning and Planning phases.
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
