HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline comprises 134 hotels totaling 18,725 rooms, according to the November 2010 STR/McGraw Hill Construction Dodge Pipeline Report released this week.
Among the countries in the region, Haiti reported the largest expected growth (30 percent) if all 492 rooms in the total active pipeline open. Other countries expecting strong growth include: St. Kitts/Nevis (13 percent expected growth with 235 rooms in the total active pipeline); Anguilla (12 percent with 80 rooms); Turks & Caicos (12 percent with 370 rooms); Bahamas (11 percent with 1,854 rooms); and Dominica (11 percent with 78 rooms).
About STR/McGraw Hill Construction Dodge Pipeline Report:
The Pipeline Report is co-produced by McGraw Hill Construction Dodge, and the dedicated pipeline team at STR. Available as an annual subscription or a local Market Supply Report, the Pipeline Report is a comprehensive look at new hotel development and existing supply in the U.S. and Canada.
STR (www.str.com) provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. STR also founded the Hotel Data Conference (www.Hoteldataconference.com), which will be held 3-4 August 2011 in Nashville, Tennessee.
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