Caribbean-Mexico to See 10,848 New Hotel Rooms in 2015: Report
By the Caribbean Journal staff
The Caribbean-Mexico region will see almost 10,900 new hotel rooms open in 2015, according to the latest hotel development pipeline report from STR.
The region is expected to see 58 hotels totaling 10,848 rooms debut next year.
The largest number of hotels will come from the luxury segment, with an expected total of 2,838 rooms across 10 hotels in the region, followed by the upper midscale segment, which is expected to see 2,287 rooms in 17 hotels opening next year.
The total Caribbean-Mexico hotel pipeline includes 164 hotels comprising 27,621 rooms at present, according to STR.
That represents a 17.7 percent increase in rooms under contract through August.
Through August, a total of 96 new hotels with 14,848 rooms opened their doors in the Caribbean-Mexico region.
