LONDON—The Central/South America hotel development pipeline comprises 227 hotels totaling 32,242 rooms, according to the June 2012 STR Global Construction Pipeline Report.
Among the region’s countries, Panama reported the largest expected room growth (+38.9 percent) if all 5,592 rooms in its total active pipeline open. Other markets to report a significant expected room growth: Paraguay (+38.2 percent with 796 rooms); Colombia (+19.5 percent with 3,705 rooms); Uruguay (+11.1 percent with 529 rooms); and Nicaragua (+8.4 percent with 330 rooms).
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Konstanze Auernheimer
Director of Marketing & Analysis
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KAuernheimer@strglobal.com
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