Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Caribbean, Mexico Hotel Development Pipeline Upticks in 2017

Property Markets / Planning, Zoning, Infrastructure

United States of America

Feb 17 2017

Add to Favorites

Share this Article:

World Property Journal


According to STR's January 2017 Pipeline Report, more than 33,830 rooms in 199 hotel projects are under contract in the Caribbean and Mexico. The total represents a 4.4% increase in rooms under contract compared with January 2016.

Under contract data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the unconfirmed stage.

These two regions reported 12,818 rooms in 81 projects In Construction for the month. Based on number of rooms, that is a 9.4% decrease in year-over-year comparisons. 

Among these region's key markets, Central Mexico (4,741 rooms in 36 projects) reported the largest number of rooms In Construction.

SOURCE: World Property Journal


You may also like...

Load More


Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.