Latin America's Construction Pipeline Stalling With Pojects Down 5% YOY
February 14, 2018 11:35am
February 14, 2018 – PORTSMOUTH, NH
The Total Construction Pipeline in Latin America has 831 Projects/142,084 Rooms, down 5% by projects Year-Over-Year (YOY).
There are 374 Projects/67,130 Rooms Under Construction, down 9% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 208 Projects/31,614 Rooms, up 23%, while those in Early Planning are at 249 Projects/43,340 Rooms, down 16% YOY.
The top hotel companies in Latin America’s Construction Pipeline by projects are: AccorHotels with 136 Projects/19,729 Rooms, Marriott International with 99 Projects/16,054 Rooms and Hilton Worldwide with 70 Projects/11,076 Rooms. The largest brands in the Pipeline for each of these companies are: Accor’s Ibis with 54 Projects/7,158 Rooms, Hilton Garden Inn with 21 Projects/3,080 Rooms and Courtyard by Marriott with 14 Projects/2,037 Rooms.
The top countries in the Latin America Construction Pipeline are: Brazil with 274 Projects/45,670 Rooms, Mexico with 186 Projects/32,950 Rooms, and Colombia with 68 Projects/10,600 Rooms. Cities in Latin America with the largest pipelines are: Lima, Peru with 31 Projects/4,988 Rooms, Sao Paulo, Brazil with 26 Projects/4,718 Rooms and Campinas, Brazil with 20 Projects/3,741 Rooms.
Tags: construction pipeline in latin america,
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Contact: Emily Dennison
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