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The Caribbean/Mexico hotel development pipeline includes 127 hotels comprising 17,528 rooms, according to the December 2009 STR Construction Pipeline Report released this week.
Among the countries in the region, Mexico reported the most rooms in the total active pipeline with 10,324. The country also ended the month with the most rooms in the In Construction phase with 4,200. The Bahamas reported 1,698 rooms in the total active pipeline and 895 rooms in the In Construction phase, followed by Puerto Rico with 1,130 rooms in the total active pipeline and 666 rooms in the In Construction phase.
Among the Chain Scale segments, the Midscale without Food and Beverage segment accounted for the largest portion of the total active pipeline with 4,165 rooms and 23.8 percent of rooms in the total active pipeline. The Upper Upscale segment (3,221 rooms and 18.4 percent) and the Luxury segment (3.188 rooms and 18.2 percent) also made up large portions of the total active pipeline.
Caribbean/Mexico 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.
