The Central/South America hotel development pipeline comprises 233 hotels totalling 37,611 rooms, according to the May 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.
Among the region’s countries, Paraguay reported the largest expected supply growth (+29.7 percent) if all 616 rooms in the country’s total active pipeline open. Five other countries also reported double-digit expected room growth: Panama (+25.5 percent with 3,897 rooms); Colombia (+17.2 percent with 3,879 rooms); Uruguay (+15.5 percent with 968 rooms); Brazil (+11.1 percent with 20,842 rooms); and Nicaragua (+10.8 percent with 440 rooms).
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