STR: Central/South America pipeline for August 2017
 
STR: Central/South America pipeline for August 2017
14 SEPTEMBER 2017 7:02 AM

In August, the Central/South America region reported 27,532 rooms in 171 hotel projects in construction, according to STR. The number of rooms is a 0.9% year-over-year decrease when compared to August 2016.

LONDON—STR’s August 2017 Pipeline Report shows 59,294 rooms in 378 hotel projects Under Contract in the Central/South America region. The total represents a 6.9% decrease in rooms Under Contract compared with August 2016.

Under Contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Unconfirmed stage.

The Central/South America region reported 27,532 rooms in 171 projects In Construction for the month. Based on number of rooms, that is a 0.9% decrease in year-over-year comparisons.

Five countries in the region reported more than 1,000 rooms In Construction:

  • Brazil (14,424 rooms in 84 projects)
  • Colombia (4,441 rooms in 27 projects)
  • Chile (2,142 rooms in 13 projects)
  • Argentina (1,437 rooms in 12 projects)
  • Peru (1,094 rooms in 7 projects)

International Media Contacts:

Alex Anstett
Media & Communications Coordinator
aanstett@str.com
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
media@str.com
+44 (0)207 922 1965

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at sricca@hotelnewsnow.com. 

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.