STR: Central/South America hotel pipeline for September 2017
STR's September 2017 Pipeline Report shows 58,410 rooms in 374 hotel projects Under Contract in the Central/South America region. The total represents an 8.4% decrease in rooms Under Contract compared with September 2016. Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.
LONDON -- STR's September 2017 Pipeline Report shows 58,410 rooms in 374 hotel projects Under Contract in the Central/South America region. The total represents an 8.4% decrease in rooms Under Contract compared with September 2016.
Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.
The Central/South America region reported 25,869 rooms in 162 projects In Construction for the month. Based on number of rooms, that is a 5.5% decrease in year-over-year comparisons.
Among Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms Under Contract (23.7% with 13,826 rooms).
Upscale accounted for the largest portion of rooms In Construction (26.3% with 6,803 rooms).
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
Media Contact
Alex Anstett
Media & Communications Coordinator - STR [email protected]