STR Global Reports Central and South America Hotel Pipeline for October 2009

Among the countries in the region, Brazil reported the most rooms in the total active pipeline with 8,958 rooms, followed by Panama with 4,139 rooms. Three other countries ended the month with more than 1,000 rooms in the total active pipeline: Argentina (2,421 rooms); Costa Rica (1,415 rooms); and Colombia (1,311 rooms).

Among the Chain Scale segments, three segments accounted for more than 60 percent of the total active pipeline: the Economy segment (24.8 percent and 5,313 rooms); the Upscale segment (22.2 percent and 4,763 rooms); and the Upper Upscale segment (21.3 percent and 4,559 rooms).

Central/South America pipeline by Chain-Scale segment for October 2009 (number of rooms):

* Includes those projects in the In Construction, Final Planning and Planning phases

About STR & STR Global
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.

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