Central/South America Hotel Construction Down 5.3% for April 2019

With 168 hotels comprising 23,324 rooms in construction through April, Central and South America's number of rooms in construction is down 5.3% year over year.
Construction Workers - Photo by Etienne Girardet on Unsplash
Central/South America Hotel Construction Down 5.3% for April 2019


STR’s pipeline data for the Central/South America region showed 168 hotel projects accounting for 23,324 rooms in construction as of April 2019. This represented a 5.3% year-over-year decline 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, midscale projects represented the only percentage increase (+29.5%) in activity year over year.

1. Midscale: 5,551 rooms (+29.5%)
2. Upscale: 5,229 rooms (-22.8%)
3. Upper Upscale: 4,842 rooms (-21.7%)

Five countries reported more than 1,000 rooms under construction. Brazil led with 10,085 rooms, which represented 3.7% of the country’s existing supply, followed by Colombia (3,743 rooms, 7.1% of existing supply).

1. Brazil: 10,085 rooms (3.7%)
2. Colombia: 3,743 rooms (7.1%)
3. Chile: 2,196 rooms (5.8%)
4. Peru: 2,106 rooms (7.6%)
5. Argentina: 1,049 rooms (1.6%)

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit

Logos, product and company names mentioned are the property of their respective owners.