HENDERSONVILLE, Tennessee—The Caribbean/Mexico hotel development pipeline comprises128 hotels totalling 17,771 rooms, according to the January 2012 STR Construction Pipeline Report.
Among the Chain Scale segments, the Upscale segment accounted for the largest portion of rooms in the total active pipeline (23.6 percent) with 4,186 rooms. Two other segments each made up more than 20 percent of rooms in the total active pipeline: the Upper Midscale segment (22.8 percent with 4,055 rooms) and the Luxury segment (20.3 percent with 3,604 rooms).
The Unaffiliated segment (33.2 percent with 3,046 rooms) and the Luxury segment (22.7 percent with 2,078) each accounted for the largest number of rooms under construction in the region.
Caribbean/Mexico pipeline by Chain Scale segment for January 2012 (number of rooms):
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
|
Luxury
|
22,416
|
2,078
|
3,604
|
|
Upper Upscale
|
35,315
|
223
|
814
|
|
Upscale
|
84,497
|
1,282
|
4,186
|
|
Upper Midscale
|
37,760
|
1,504
|
4,055
|
|
Midscale
|
38,363
|
1,041
|
1,646
|
|
Economy
|
3,424
|
-
|
-
|
|
Unaffiliated
|
357,166
|
3,046
|
3,466
|
|
Total
|
578,941
|
9,174
|
17,771
|
*Includes those projects in the In Construction, Final Planning and Planning phases.
Source: STR Global
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