LONDON—The Central/South America hotel development pipeline comprises 234 hotels totalling 32,749 rooms, according to the July 2012 STR Global Construction Pipeline Report.
Year-to-date 2012, 24 hotels with 3,952 rooms have opened in the region. For the remainder of the year, 28 properties are expected to open with 3,593 rooms. The Upper Midscale segment is expecting to open the most rooms with 903 rooms in six properties, followed by the Upscale segment with 738 rooms in seven properties.
In 2013, 83 hotels with 12,039 rooms are planned to open in the region. The Midscale segment (30 hotels with 3,485 rooms) and the Upscale segment (19 hotels with 3,059 rooms) are expected to open the most rooms among the Chain Scale segments.
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305
Director of Marketing & Analysis
+44 (0)207 922 1961