Caribbean-Mexico hotel construction pipeline approaches 30,000 rooms

There are now 171 hotels and 29,846 rooms in the Caribbean-Mexico hotel pipeline, according to the most recent STR Construction Pipeline Report.

At the end of April, there were 29,846 rooms “under contract,” a 11.4-percent increase in rooms under contract compared with the same month last year.

'Under contract' includes hotel projects in the 'in construction,' 'final planning' and 'planning' stages.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Overall, the highest number of rooms under contract were in the “upscale” segment (6,901 rooms) with the next-highest number in the luxury segment with 6,586 rooms.

The luxury segment represented the largest total of rooms under construction, with 4,240 rooms