Latin America Construction Pipeline Trend Report
Latin America’s Hotel Construction Pipeline Closes Out 2021 With 563 Projects/101,523 Rooms
Lodging Econometrics | February 7, 2022
PORTSMOUTH, NH – February 7, 2022 – As seen in the Lodging Econometrics (LE) 2021 year-end Construction Pipeline Trend Report for Latin America, the total hotel construction pipeline at the end of the fourth quarter stands at 563 projects/101,523 rooms. The region’s pipeline experienced an 11% decline in projects and a 7% decrease in rooms, year-over-year (YOY) in Q4. At the close of Q4 ‘21, projects under construction stand at 281 projects/58,813 rooms. Projects scheduled to start construction in the next 12 months are at 147 projects/20,732 rooms. Projects in the early planning stage stand at 135 projects/21,978 rooms. New proj...
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 ...
