STR reports Caribbean and Mexico pipeline for October 2009
The Caribbean/Mexico hotel development pipeline includes 129 hotels comprising 18,715 rooms, according to the October 2009 STR Construction Pipeline Report released this week.
Among the Chain Scale segments, the Upper Upscale segment made up the largest portion of the total active pipeline with 23.1 percent and 4,318 rooms, followed by the Midscale without Food and Beverage segment, which made up 19.7 percent of the total active pipeline with 3,692 rooms. The Economy segment accounted for the smallest portion of the total active pipeline with 6.0 percent and 1,125 rooms
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