Latin America's Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY
May 31, 2018 2:55pm
May 31, 2018 – PORTSMOUTH, NH – According to the recent Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Construction Pipeline in Latin America has 776 Projects/134,143 Rooms, down 8% by projects Year-Over-Year (YOY).
There are 365 Projects/64,004 Rooms Under Construction, down 4% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 213 Projects/33,536 Rooms, up 28%, while those in Early Planning are at 198 Projects/36,603 Rooms, down 32% YOY.
Tags: lodging econometrics,
latin america construction pipeline
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