STR reports Caribbean/Mexico hotel pipeline for March
HENDERSONVILLE, Tennessee – The Caribbean/Mexico hotel development pipeline comprises 128 hotels totaling 17,886 rooms, according to the March 2012 STR Construction Pipeline Report.
Among Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline with 25.9 percent and 4,629 rooms. Three other segment also each accounted for more than 15 percent of rooms in the total active pipeline: the Luxury segment (22.5 percent with 4,022 rooms); the Upper Midscale segment (20.8 percent with 3,713 rooms); and the Unaffiliated segment (18.4 percent with 3,285 rooms).
Caribbean/Mexico pipeline by Chain Scale segment for March 2012 (number of rooms): |
|||
Chain Scale |
Existing Supply |
In Construction |
Total Active Pipeline* |
Luxury |
20,502 |
2,164 |
4,022 |
Upper Upscale |
35,097 |
- |
591 |
Upscale |
83,393 |
1,185 |
4,629 |
Upper Midscale |
37,460 |
1,109 |
3,713 |
Midscale |
38,580 |
1,041 |
1,646 |
Economy |
3,424 |
- |
- |
Unaffiliated |
363,320 |
2,865 |
3,285 |
Total |
581,776 |
8,364 |
17,886 |
About STR
STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering the United States, Canada, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. STR also founded the Hotel Data Conference, which will be held 3-4 August 2011 in Nashville, Tennessee.
Jeff Higley (STR)
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
STR