STR: Caribbean/Mexico pipeline for Sept. 2010
Among the countries in the region, Mexico reported the largest number of rooms in the total active pipeline with 11,121 rooms, including 5,222 rooms in the In Construction phase. Two other counties ended the month with more than 1,000 rooms in the total active pipeline: the Dominican Republic (1,963 rooms) and Puerto Rico (1,210 rooms).
The Caribbean/Mexico hotel development pipeline comprises 138 hotels totaling 18,255 rooms, according to the September 2010 STR/TWR/Dodge Construction Pipeline Report released this week.
Among the countries in the region, Mexico reported the largest number of rooms in the total active pipeline with 11,121 rooms, including 5,222 rooms in the In Construction phase. Two other counties ended the month with more than 1,000 rooms in the total active pipeline: the Dominican Republic (1,963 rooms) and Puerto Rico (1,210 rooms).
Among the Chain Scale segments, the Midscale without Food and Beverage segment accounted for the largest portion of rooms in the total active pipeline with 28.6 percent and 5,222 rooms. Two other segments each accounted for more than 15 percent of rooms in the total active pipeline: the Upscale segment (20.5 percent with 3,745 rooms) and the Unaffiliated segment (15.2 percent with 2,769 rooms).