Dominican Republic Leads Caribbean Hotel Development Pipeline

By: - October 21st, 2013

Above: the Dominican Republic

By the Caribbean Journal staff

The Caribbean/Mexico hotel development pipeline has risen to 22,532 rooms, according to data from STR, with the Dominican Republic leading Caribbean countries.

The Dominican Republic has 11 hotels and 2,455 rooms in the active pipeline. Mexico leads the wider region with 87 hotels and 12,666 rooms in the active pipeline.

In fact Mexico, has had 14 hotels and 2,007 rooms open in the last 12 months.

The data, which was reported through the end of September, includes projects in the in construction, final planning and planning stages. It does not include those projects which are in the pre-planning stage.

The biggest sector in the region is the luxury segment, which has 6,936 rooms from 25 hotel properties in development.

The upper midscale segment has 34 hotels and 4,008 rooms in the active pipeline, while the upscale segment has 30 hotels comprising 4,920 rooms.

There are also 17 properties comprising 2,654 rooms in the pre-planning stage, according to STR.

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