LONDON—The Central/South America hotel development pipeline comprises 169 hotels totalling 27,676 rooms, according to the June 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 26.0 percent and 7,193 rooms. Three other segments each made up more than 10 percent of rooms in the total active pipeline: the Midscale segment (25.2 percent with 6,963 rooms); the Upper Upscale segment (22.7 percent with 6,294 rooms); and the Upper Midscale segment (12.1 percent with 3,348 rooms). The Economy segment made up the smallest portion of rooms in the pipeline with 3.8 percent and 1,062 rooms.
Central/South America pipeline by Chain Scale segment for June 2011 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
11,284
|
1,164
|
1,534
|
|
Upper Upscale
|
20,215
|
4,291
|
6,294
|
|
Upscale
|
49,000
|
2,623
|
7,193
|
|
Upper Midscale
|
21,099
|
2,165
|
3,348
|
|
Midscale
|
17,928
|
1,701
|
6,963
|
|
Economy
|
3,867
|
340
|
1,062
|
|
Unaffiliated
|
220,265
|
191
|
1,282
|
|
Total
|
343,658
|
12,475
|
27,676
|
*Includes projects in the In Construction, Final Planning and Planning stages, but does not include the Pre-Planning stage
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Konstanze Auernheimer
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STR Global
KAuernheimer@strglobal.com
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