Close

Cart

Total $0.00

Checkout

December 28, 2016 – PORTSMOUTH, NH - According to the recent Construction Pipeline Trend Report for Latin America from Lodging Econometrics (LE), the region has 892 Projects/151,203 Rooms, up 3% by projects and down 1% by rooms Year-Over-Year (YOY).

For hotels currently Under Construction, the Latin America Pipeline has 410 Projects/70,564 Rooms, down 1% by projects and 6% by rooms YOY. There are 182 Projects/31,255 Rooms Scheduled to Start Construction in the Next 12 Months, up 3% by projects and 2% rooms. Projects in Early Planning, 300 Projects/49,384 Rooms, are up 8% by projects and 5% by rooms.

The three cities with the largest pipelines are: Sao Paulo, Brazil with 39 Projects/6,877 Rooms, Campinas, Brazil with 35 Projects/6,349 Rooms and Lima, Peru with 23 Projects/3,534 Rooms.

The leading franchise companies in Latin America’s Pipeline are: AccorHotels with 123 Projects/18,206 Rooms, Marriott International with 81 projects/12,926 Rooms and Hilton Worldwide with 60 Projects/8,891 Rooms.

The leading brand for each of Latin America’s top three franchise companies are: Accor’s Hotel Ibis with 54 Projects/7,051 Rooms, Marriott’s AC Hotel with 11 Projects/1,802 Rooms and Hilton Garden Inn with 19 Projects/2,721 Rooms.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities. 

Contact: Emily Dennison

edennison@lodgingeconometrics.com / +1 603.427.9544

Related News

The Americas Is the Top World Region and Market in the Global Construction Pipeline

Global Hotel Construction Pipeline Growing with Projects up 8% YOY

Hotel Construction Pipeline in the Middle East Is Growing with Projects Up 13% YOY

The Europe Hotel Construction Pipeline Is up 25% With 1,186 Projects in the Total Pipeline

Latin America's Construction Pipeline Is Stalling

China's Construction Pipeline Remains Strong Up 7% YOY with Shanghai Leading the Way

Extended-Stay Hotels Set for Substantial Growth According to U.S. Hotel Construction Pipeline

Upper Midscale and Upscale Are the Largest Chain Scales in the U.S. Construction Pipeline

Top Franchise Companies in the U.S. Construction Pipeline are Marriott, Hilton and IHG Comprising 67% of Projects in the Total Pipeline

Marriott Has the Largest Construction Pipeline of Any Franchise Company in the U.S.

New York Market Leads U.S. Markets with the Largest Construction Pipeline Followed by Houston and Dallas

U.S. Hotel Construction Pipeline Up 7% Year-Over-Year with a 20% Increase in New Supply Forecast for 2017

Europe's Construction Pipeline Steady Showing 13 Percent Increase YOY

Canada's Construction Pipeline Is on the Upswing

China Construction Pipeline Remains Steady Despite Total Pipeline Drop of 7 Projects YOY

Asia Pacific Construction Pipeline Excluding China Remains Steady With Projects Up 1% YOY

U.S. Hotel Supply Forecast for 2017 Shows 22 Percent Increase Over Total Number of Openings Last Year

Upper Midscale Category Leads Construction Pipeline with 2,067 Projects/205,662 Rooms Followed by Upscale with 1,246 Projects/161,229 Rooms

Marriott Takes Top Spot for Franchise Companies with Most Rooms in Construction Pipeline Trend Report

New York Has the Most New Hotel Openings Forecasted for 2017 & Marriott Has Largest Construction Pipeline

All News »

Please login or register to post a comment.