Latin America construction pipeline report
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 ...
Hotel Projects Starting in the Next 12 Months Are at an All-Time High in Latin America
Lodging Econometrics | February 13, 2020
February 13, 2020 – PORTSMOUTH, NH - According to the recent Lodging Econometrics (LE) Latin America construction pipeline report, analysts at LE state that the total construction pipeline stands at 711 projects/128,453 rooms, a 2% decline in projects and 3% increase in rooms, year-over-year (YOY). There are 329 projects/58,315 rooms presently under construction and projects scheduled to start construction in the next 12 months are at an all-time high with 214 projects/43,050 rooms. Projects in the early planning stage stand at 168 projects/27,088 rooms. New projects announced into the pipeline during 2019 were up 2% by projects, but...
