HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline includes 133 hotels comprising 19,434 rooms, according to the September 2009 STR Construction Pipeline Report released this week.
Among the countries in the region, Mexico reported the largest amount of rooms in the total active pipeline (11,180) and in the In Construction phase (5,909). Puerto Rico followed with 1,627 rooms in the total active pipeline and 1,163 rooms in the In Construction phase. The Bahamas also reported more than 1,000 rooms in the total active pipeline with 1,439 rooms; it had 886 rooms in the In Construction phase.
Among the Chain Scale segments, the Upper Upscale segment made up the largest percentage of the total active pipeline with 22.2 percent of the rooms (4,313 rooms). The Midscale without Food and Beverage segment accounted for 19.2 percent of the total active pipeline with 3,730 rooms. The Economy segment accounted for the smallest portion of the total active pipeline with 5.8 percent (1,125 rooms).
Caribbean/Mexico pipeline by Chain Scale segment for September 2009 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
17,915
|
1,709
|
2,901
|
|
Upper Upscale
|
32,738
|
3,737
|
4,313
|
|
Upscale
|
83,904
|
1,585
|
2,794
|
|
Midscale w/ F&B
|
56,681
|
1,160
|
2,085
|
|
Midscale w/o F&B
|
23,464
|
1,116
|
3,730
|
| Economy |
3,049
|
429
|
1,125
|
|
Unaffiliated
|
249,992
|
1,189
|
2,486
|
|
Total
|
467,743
|
10,925
|
19,434
|
* Includes those projects in the In Construction, Final Planning and Planning phases
About STR & STR Global:
For more than 20 years, Smith Travel Research, Inc. (STR) has been the recognized leader for hotel industry benchmarking and research. STR and STR Global offer monthly, weekly and daily STAR benchmarking reports to more than 38,000 hotel clients, representing over 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com or www.HotelNewsNow.com.
Media contacts:
Jeff Higley
Director of Communications/Editorial Director, Digital Media
jeff@smithtravelresearch.com
+1 (615) 824-8664 ext. 3318
Rachael Spann
Communications Coordinator
spann@smithtravelresearch.com
+1 (615) 824-8664 ext. 3305
