STR Global Reports Caribbean & Mexico Pipeline for November 2010
The Caribbean/Mexico hotel development pipeline comprises 134 hotels totaling 18,725 rooms, according to the November 2010 STR/McGraw Hill Construction Dodge Pipeline Report released this week.
Among the countries in the region, Haiti reported the largest expected growth (30 percent) if all 492 rooms in the total active pipeline open. Other countries expecting strong growth include: St. Kitts/Nevis (13 percent expected growth with 235 rooms in the total active pipeline); Anguilla (12 percent with 80 rooms); Turks & Caicos (12 percent with 370 rooms); Bahamas (11 percent with 1,854 rooms); and Dominica (11 percent with 78 rooms).
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