LONDON—The Central/South America hotel development pipeline comprises 224 hotels totalling 31,625 rooms, according to the May 2012 STR Global Construction Pipeline Report.
Year-to-date 2012, 15 properties with 2,977 rooms opened in the region. For the remainder of the year, 38 properties with 5,497 rooms are scheduled to open. The Upscale segment is expected to open the most rooms with 1,299 rooms in 10 properties, followed by the Upper Midscale segment with 1,063 rooms in seven properties.
In 2013, the region is expecting to open 83 properties with 12,243 rooms. The most rooms are planned to open in the Upscale segment (3,419 rooms in 22 properties), the Midscale segment (3,171 rooms in 25 properties) and the Upper Upscale segment (2,482 rooms in 12 properties).
In 2014, 59 properties are planned to open in the region with 7,286 rooms.
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