• THE WORLD OF HOSPITALITY: 10,000,000 restaurants 500,000 Hotels 100,000,000 Employees    ONLY ONE ASSOCIATION COVER THEM
  • INTERNATIONAL HOTEL AND RESTAURANT ASSOCIATION        Geneva, Paris, Barcelona, Washington, Buenos Aires,Beijing,Beirut

News Details

STR: Caribbean/Mexico hotel construction up 33.9% in July

STR's hotel pipeline data for the Caribbean/Mexico region showed 155 projects accounting for 31,968 rooms in construction as of July 2019.

This represented a 33.

9% year-over-year jump in the number of rooms in the final phase of the development pipeline.

A majority of the region's rooms in construction are in three segments.

Of those three, luxury projects represented the largest percentage increase (+72.

4%) in activity year over year.


Luxury: 8,553 rooms (+72.


Upscale: 7,075 rooms (+100%)3.