LONDON—The Central/South America hotel development pipeline comprises 175 hotels totalling 28,243 rooms, according to the May STR Global Construction Pipeline Report.
Among the region’s countries, Panama reported the largest expected growth in existing room supply (+70.4 percent) if all 7,604 rooms in the total active pipeline open. Other countries to report significant expected growth include: Paraguay (+16.2 percent with 300 rooms in the total active pipeline); Colombia (+13.5 percent with 2,352 rooms); Costa Rica (+7.4 percent with 1,306 rooms); and Brazil (+7.0 percent with 12,013 rooms).
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