The Central/South America hotel development pipeline includes 125 projects with 19,877 rooms, according to the January 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 and in the In Construction phase with 8,318 rooms and 3,138 rooms, respectively. Panama followed Brazil with 4,261 rooms in the total active pipeline and 2,090 rooms in the In Construction phase.
Among the Chain Scale segments, the Economy segment accounted for the largest portion of the total active pipeline with 25.0 percent and 4,968 rooms. The Upscale segment (23.1 percent and 4,595 rooms) and the Upper Upscale segment (20.4 percent and 4.058 rooms) also made up a large portion of the total active pipeline.
Central/South America pipeline by Chain-Scale segment for January 2010 (number of rooms):
* Includes those projects in the In Construction, Final Planning and Planning phases
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