Latin America’s Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY

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Latin America’s Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY

By admin|2018-05-31T14:56:54-04:00May 31st, 2018|

Lodging Econometrics (LE) | May 31, 2018

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.

About Lodging Econometrics (LE)

LE is the leading provider of global hotel intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable business development programs that turn business goals into opportunities that advance a company's competitive advantage.

Contact: Rebecca Evans

[email protected]/+1 603.427.9547

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Latin America’s Hotel Construction Pipeline Is Stalling; Down 8% by Projects YOY

Today's News PPDS Delivers Seamless Guest Room Casting for Hotels With New All-In-One Philips Cast Server