LONDON—The Central/South America hotel development pipeline comprises 144 hotels totalling 22,438 rooms, according to the February 2011 STR Global Construction Pipeline Report.
Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline with 29.1 percent (6,523 rooms), followed by the Upper Upscale segment (21.0 percent with 4,708 rooms) and the Midscale segment (20.8 percent with 4,670 rooms). The Economy segment reported the smallest portion of rooms in the total active pipeline with 1.5 percent and 340 rooms.
Central/South America pipeline by Chain Scale segment for February 2011 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
11,076
|
1,312
|
1,682
|
|
Upper Upscale
|
19,277
|
2,809
|
4,708
|
|
Upscale
|
49,112
|
2,310
|
6,523
|
|
Upper Midscale
|
20,299
|
2,384
|
3,374
|
|
Midscale
|
17,816
|
1,289
|
4,670
|
|
Economy
|
3,867
|
340
|
340
|
|
Unaffiliated
|
218,983
|
452
|
1,141
|
|
Total
|
340,430
|
10,896
|
22,438
|
* Includes those projects in the In Construction, Final Planning and Planning phases.
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