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August 18, 2011

Central / South American July Hotel Pipeline Hits 170 Launches

Central and South America's hotel development pipeline for July 2011 comprises 170 hotels totalling 27,457 rooms, according to the STR Global Construction Pipeline Report. The report revealed that 12 projects with 1,711 rooms opened in the region as of 30 June 2011 and 34 more projects

By cms admin

Central and South America’s hotel development pipeline for July 2011 comprises 170 hotels totalling 27,457 rooms, according to the STR Global Construction Pipeline Report.

The report revealed that 12 projects with 1,711 rooms opened in the region as of 30 June 2011 and 34 more projects with 6,338 rooms are expected to open during the remainder of 2011.

A total of 42 projects with 6,741 rooms are scheduled to open in 2012.

The region’s upscale segment is expected to open the largest number of rooms during the remainder of 2011 with 2,226 rooms among 13 projects, and in 2012 with 2,118 rooms among 12 projects.

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