HENDERSONVILLE, Tennessee—The Central/South America hotel development pipeline comprises 134 hotels totalling 21,628 rooms, according to data from STR Global.
Among the countries in the region, Brazil reported the largest number of rooms in the total active pipeline (7,854) and in the In Construction phase (3,536). Panama followed with 5,094 rooms in the total active pipeline and 2,777 rooms in the In Construction phase.
Panama City, Panama, reported the largest number of rooms in the total active pipeline (4,589) among the key markets in the region. The market also reported the largest number of rooms in the In Construction phase, with 2,777.
Three of the seven Chain Scale segments each accounted for more than 20 percent of rooms in the total active pipeline. The Upscale segment made up the largest portion of the total active pipeline with 27.2 percent and 5,887 rooms, followed by the Economy segment (22.0 percent and 4,748 rooms) and the Upper Upscale segment (21.5 percent and 4,643 rooms).
Central/South America pipeline by Chain Scale segment for April 2010 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
8,857
|
1,713
|
1,933
|
|
Upper Upscale
|
21,167
|
3,352
|
4,643
|
|
Upscale
|
43,585
|
3,631
|
5,887
|
|
Midscale w/ F&B
|
21,844
|
1,217
|
1,901
|
|
Midscale w/o F&B
|
6,227
|
474
|
1,346
|
|
Economy
|
12,099
|
1,199
|
4,748
|
|
Unaffiliated
|
214,028
|
531
|
1,170
|
|
Total
|
327,807
|
12,117
|
21,628
|
* Includes those projects in the In Construction, Final Planning and Planning phases.
About STR Global
STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.strglobal.com.
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