Latin America’s Hotel Construction Pipeline Shows Decline, Down 1% YOY

September 26, 2016 – PORTSMOUTH, NH

According to the recent Construction Pipeline Trend Report for Latin America from Lodging Econometrics (LE), the region has 878 Projects/150,485 Rooms, down 1% by projects and rooms Year-Over-Year (YOY).

For hotels currently Under Construction, the Latin America Pipeline has 400 Projects/70,506 Rooms, down 3% by projects and 4% by rooms YOY. There are 173 Projects/29,847 Rooms Scheduled to Start Construction in the Next 12 Months, down 1% by projects and rooms. Projects in Early Planning, 305 Projects/50,132 Rooms, are up 2% by projects and 4% by rooms.