STR Global Reports Caribbean/Mexico Pipeline July 2010

Among the countries of the region, Mexico reported the largest number of rooms in the total active pipeline with 10,819 rooms, with nearly 50 percent of its rooms in the In Construction phase (5,121 rooms). The Dominican Republic (1,929 rooms) and Puerto Rico (1,210 rooms) also reported more than 1,000 rooms in the total active pipeline.

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 29.8 percent and 5,134 rooms, followed by the Upscale segment with 20.6 percent and 3,545 rooms. The Economy segment made up the smallest portion of the total active pipeline with 4.0 percent and 696 rooms.

Caribbean/Mexico pipeline by Chain Scale segment for July 2010 (number of rooms):

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

About STR/TWR/Dodge Construction Pipeline Report:

The Pipeline Report is co-produced by Torto Wheaton Research, Dodge Construction, and the dedicated pipeline team at STR. Available as an annual subscription or a local Market Supply Report, the Pipeline Report is a comprehensive look at new hotel development and existing supply in the U.S. and Canada.

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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