STR Global Reports Central/S. America Pipeline July 2010

2010-08-19
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  • STR Global The Central/South America hotel development pipeline comprises 133 hotels totalling 20,770 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week.

    Among the countries in the region, Brazil reported the largest amount of rooms in the total active pipeline with 7,042 rooms, followed by Panama with 5,400 rooms. Two other countries ended the month with more than 1,500 rooms in the total active pipeline: Argentina (1,700 rooms) and Colo'mbia (1,509 rooms).

    Among the Chain Scale segments, three segments each accounted for more than 20 percent of the total active pipeline. The Upscale segment made up 24.6 percent of the total active pipeline with 5,116 rooms, followed by the Upper Upscale segment (23.4 percent with 4,864 rooms) and the Economy segment (22.9 percent with 4,748 rooms).

     

    Central/South America pipeline by Chain Scale segment for June 2010 (number of rooms):

    Chain Scale

    Existing Supply

    In Construction

    Total Active Pipeline*

    Luxury

    8,824

    1,713

    1,933

    Upper Upscale

    18,956

    3,578

    4,864

    Upscale

    47,692

    2,762

    5,116

    Midscale w/ F&B

    21,251

    1,087

    1,866

    Midscale w/o F&B

    6,315

    386

    1,252

    Economy

    12,235

    1,199

    4,748

    Unaffiliated

    215,636

    352

    991

    Total

    330,909

    11,077

    20,770

    * 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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