STR Global: Central/South America pipeline August 2010
The Central/South America hotel development pipeline comprises 133 hotels totalling 21,384 rooms, according to the August 2010 STR Global Construction Pipeline Report released this week.
Among the key markets in the region, Panama City, Panama, reported the largest number of rooms in the total active pipeline (5,025 rooms) and 3,113 rooms in the In Construction phase.
Among the Chain Scale segments, three each accounted for more than 15 percent of the total active pipeline: the Upscale segment (29.0 percent and 6,209 rooms); the Upper Upscale segment (22.7 percent and 4,864 rooms); and the Economy segment (19.8 percent with 4,233 rooms). The Unaffiliated segment made up the smallest portion of the total active pipeline with 4.6 percent and 981 rooms.
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