latin america construction pipeline
Nearly 50% of Latin America’s Hotel Construction Pipeline Now Under Construction
Lodging Econometrics | January 30, 2024
January 30, 2024 – PORTSMOUTH, NH According to the Q4 2023 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), projects and room counts in the region’s total construction pipeline each increased by 11% each year-over-year (YOY) to stand at 594 projects and 97,679 rooms at the close of the quarter. At Q4, projects currently in the under construction stage account for nearly half of the projects and rooms in Latin America’s total pipeline. Projects under construction stand at 238 projects/42,644 rooms, up 7% by projects and 6% by rooms YOY. Projects scheduled to start construction in the next 12 months a...
At Q3 2022 Close, Projects in the Early Planning Stage in Latin America’s Hotel Construction Pipeline Are Up 22% Year-Over-Year
Lodging Econometrics (LE) | November 14, 2022
November 14, 2022 – PORTSMOUTH, NH In the Q3 2022 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the total construction pipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY). At the end of the third quarter, projects currently under construction stand at 239 projects/44,837 rooms. Projects scheduled to start construction in the next 12 months are up 6% by projects YOY, standing at 165 projects/24,648 rooms and those in the early planning stage stand at 144 projects/21,243 rooms, up 22% and 14% respectively. Five countries in Latin A...
Early Planning Stage in Latin America’s Hotel Construction Pipeline Rises 43% by Projects YOY
Lodging Econometrics (LE) | August 16, 2022
August 16, 2022 – PORTSMOUTH, NH According to the recent Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline has 555 projects/90,496 rooms at Q2 2022. Following nearly two years of uncertainty stemming from the pandemic, the hotel industry in Latin America is finally showing some signs of recovery. Consumer confidence has risen as border restrictions and quarantine requirements across the region and air passenger traffic to Latin American countries has increased substantially compared to numbers recorded in the second quarter of 2021. In the first half of 2022,...
At the Q1 ‘22 Close, Latin America’s Hotel Construction Pipeline has 563 Projects/92,356 Rooms Down 7% & 11% YOY
Lodging Econometrics | May 9, 2022
May 9, 2022 – PORTSMOUTH, NH According to Lodging Econometrics’ (LE’s) Construction Pipeline Trend Report for Q1 2022, the Latin America Hotel Construction Pipeline stands at 563 projects/92,356 rooms, down 7% by projects and 11% by rooms, year-over-year (YOY). Projects presently under construction stand at 271 projects/49,145 rooms. Projects scheduled to start construction in the next 12 months stand at 148 projects/22,128 rooms and those in the early planning stage are at 144 projects/21,083 rooms. The early planning stage of the pipeline in Latin America is the only stage with growth, up 44% by projects and 30% by rooms YOY. This...
At the Close of Q3‘21, Latin America’s Hotel Construction Pipeline Project Counts Are Down 14% YOY
Lodging Econometrics | November 9, 2021
PORTSMOUTH, NH – November 9, 2021 – In the Q3‘21 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the total construction pipeline stands at 577 projects/103,648 rooms. The region’s pipeline project counts are down 14% and room counts are down 11%, year-over-year (YOY). Projects under construction at the end of Q3‘21 stand at 304 projects/60,048 rooms, down 12% by projects and 2% by rooms YOY. Projects scheduled to start construction in the next 12 months stand at 155 projects/24,959 rooms, down 17% and 28% respectively, and those in the early planning stage are down 16% by projects ...
Latin America’s Hotel Construction Pipeline Remains Sluggish at the Close of the First Quarter of 2020*
Lodging Econometrics | May 13, 2020
May 13, 2020 – PORTSMOUTH, NH - In the recent Latin America Hotel Construction Pipeline Trend Report, analysts at Lodging Econometrics (LE) state that the total construction pipeline stands at 702 projects/124,050 rooms, down 2% by projects and up less than 1% by rooms, year-over-year (YOY). Projects presently under construction stand at 324 projects/57,193 rooms. Projects scheduled to start construction in the next 12 months stand at 203 projects/39,487 rooms and those in the early planning stage are at 175 projects/27,370 rooms. In the first quarter of 2020, 22 new hotels/3,825 rooms opened throughout Latin America, while new proje...
The Latin America Hotel Construction Pipeline Room Count Up Slightly Quarter Over Quarter
Lodging Econometrics (LE) | November 22, 2019
November 22, 2019 – PORTSMOUTH, NH – In the recent Latin America construction pipeline trend report from Lodging Econometrics (LE), the total construction pipeline stands at 723 projects/131,075 rooms. Pipeline room counts are up slightly at 4%, year-over-year (YOY), and are still near all-time lows. However, the luxury stage at 86 projects/15,366 rooms and upper upscale at 101 projects/21,072 rooms are at the highest levels ever recorded by LE. Projects presently under construction stand at 334 projects/60,720 rooms. Projects scheduled to start construction in the next 12 months stand at 205 projects/35,199 rooms, up 5% and 15% respec...
The Latin America Hotel Construction Pipeline Continues to Decline from Its 2016 Peak
Lodging Econometrics | August 20, 2019
August 20, 2019 – PORTSMOUTH, NH – According to the recent Latin America construction pipeline trend report from Lodging Econometrics (LE), the total construction pipeline is in its third year of decline by rooms and has 710 projects/123,392 rooms. 710 projects is the lowest number of projects in the pipeline since the fourth quarter of 2013. Projects presently under construction stand at 321 projects/56,228 rooms. Projects scheduled to start construction in the next 12 months stand at 208 projects/35,733 rooms, which is an all-time high for rooms, and those in the early planning stage are at 181 projects/31,431 rooms. In the secon...
