LONDON—The Central/South America hotel development pipeline comprises 202 hotels totalling 30,002 rooms, according to the January 2012 STR Global Construction Pipeline Report.
In January, the region opened one project with 95 rooms. For the remainder of 2012, the region is expected to open 67 properties with 10,948 rooms. During 2013, the region is projected to open 82 properties with 12,415 rooms.
Three segments are expecting to open more than 2,000 rooms in the remainder of 2012: the Midscale segment (2,897 rooms); the Upscale segment (2,764 rooms); and the Upper Upscale segment (2,491 rooms).
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Konstanze Auernheimer
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