Above: construction at the Baha Mar resort project in Nassau
By the Caribbean Journal staff
The Caribbean/Mexico hotel development pipeline totaled 124 hotels and 19,318 rooms in October, according to the STR Construction Pipeline Report released this week.
The active pipeline includes projects in the in-construction, final planning stages, but does not include projects in the pre-planning stage.
While Mexico leads the greater region with 2,627 rooms currently in construction, three other countries in the Caribbean have more than 500 rooms in the in-construction phase, according to STR.
The Bahamas currently has 2,250 rooms, a significant portion of which are due to the Baha Mar resort project (the largest-ever hotel project in the Caribbean). That project will also include a Jack Nicklaus Signature Golf Course, which will open late next year.
The Dominican Republic has 1,613 rooms in the in-construction phase, while Puerto Rico has 651 rooms in the in-construction phase.
Puerto Rico’s total is getting a bump from Hyatt, which is currently developing three hotels on the island.