LONDON — The Central/South America hotel development pipeline comprises 198 hotels totalling 28,905 rooms, according to the October 2011 STR Global Construction Pipeline Report.
Among the markets in the region, Panama City, Panama reported the largest number of rooms under construction with 4,118 rooms. Three other markets reported more a significant number rooms under construction: Bogota, Colombia (452 rooms); San Jose, Costa Rica (395 rooms); and Lima, Peru (231 rooms).
About STR Global
STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.strglobal.com.
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Article source: http://www.hospitalitynet.org/news/154000320/4053883.html posted in Panama News