STR Global Reports Central and South America Hotel Pipeline for December 2009

Among the countries in the region, Brazil ended the month with the most rooms in the total active pipeline with 8,372 rooms. Panama followed with 4,175 rooms in the total active pipeline. Three other countries ended December with more than 1,000 rooms in the total active pipeline: Argentina (1,808 rooms), Costa Rica (1,164 rooms), and Colombia (1,161 rooms).

Among the Chain Scale segments, three each accounted for more than 20 percent of rooms in the total active pipeline. The Economy segment made up the largest portion of the total active pipeline with 26.0 percent and 5,173 rooms. The Upscale segment ended the month with 4,570 rooms and 23.0 percent of the total active pipeline, followed by the Upper Upscale segment with 4,058 rooms and 20.4 percent.

Central/South America pipeline by Chain-Scale segment for December 2009 (number of rooms):

* Includes those projects in the In Construction, Final Planning and Planning phases

About STR & STR Global
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.

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