Mon, 16 January 2017 |
62,861 Hotel Rooms in 403 Projects Under
Contract in Central / South America
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STRs December 2016 Pipeline Report shows that
there are 62,861 hotel
rooms in 403 projects Under Contract in the Central/South America
region.
The total represents a 15.1% decrease in rooms Under
Contract compared with December 2015.
The region reported 27,696 rooms in 169 projects In
Construction for the month. Based on the number of rooms, that is an
11.3% year-on-year decrease.
Three Chain
Scale segments each accounted for 20.0% or more of the rooms Under
Contract in the region: Upper Upscale (20.7% with 12,996 rooms),
Upscale (20.5% with 12,885 rooms) and Midscale (20.1% with 12,636
rooms).
Specifically in the In Construction phase, only the
Upscale segment (22.2% with 6,143 rooms) accounted for 20.0% or
more of the regions total.
Under Contract data
includes projects in the In Construction, Final Planning and
Planning stages but does not include projects in the Unconfirmed
stage.
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