According to the recent Construction Pipeline Trend Report for Latin America from Lodging Econometrics (LE), the region has 892 projects/151,203 rooms, up 3 percent by projects and down 1 percent by rooms year-over-year (YOY).
For hotels currently Under Construction, the Latin America Pipeline has 410 projects/70,564 rooms, down 1 percent by projects and 6 percent by rooms year-over-year. There are 182 projects/31,255 rooms scheduled to start construction in the next 12 months, up 3 percent by projects and 2 percent rooms. Projects in early planning, 300 projects/49,384 rooms, are up 8 percent by projects and 5 percent by rooms.
