PORTSMOUTH, NH—Lodging Econometrics (LE) reports that the hotel companies with the most projects in Latin America’s construction pipeline are AccorHotels with 112 projects/15,988 rooms, Marriott International with 98 projects/15,515 rooms, and Hilton Worldwide with 66 projects/10,331 rooms. The largest brands in the pipeline for each of these companies are AccorHotels’ midscale brand Ibis with 44 projects/5,648 rooms, Hilton Garden Inn with 18 projects/2,599 rooms, and Courtyard by Marriott with 12 projects/1,761 rooms.
The countries with the most hotel construction projects in Latin America are Brazil with 229 projects/37,837 rooms, Mexico with 185 projects/33,176 rooms, and Colombia with 60 projects/9,531 rooms. The cities leading Latin America’s hotel construction are Lima, Peru with 29 projects/4,794 rooms, Sao Paulo, Brazil with 22 projects/3,890 rooms and Cancun, Mexico with 21 projects/8,326 rooms.