Healthy growth for the back end of the Latin America construction pipeline at year-end 2022

In the recently released Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at theLatin America hotel construction pipeline close of Q4 2022, the total construction pipeline stands at 536 projects/87,827 rooms. At the end of the fourth quarter, projects currently under construction stand at 222 projects/40,270 rooms. Projects scheduled to start construction in the next 12 months are up 7% by projects and 15% by rooms, year-over-year (YOY), standing at 158 projects/23,753 rooms and those in the early planning stage stand at 156 projects/23,804 rooms, up 16% and 8%, respectively. Mexico has the most projects in the pipeline at the Q4 close, with 203 projects/33,475 rooms. Brazil follows with 88 projects/14,867 rooms, and next is Peru with 27 projects/3,315 rooms. These three countries in Latin America account for 59% of the projects in the construction pipeline in the region. Following Peru is the Dominican Republic with 26 projects/5,932 rooms, and Argentina with 17 projects/1,941 rooms. Cities in Latin America with the largest project counts in the pipeline include Mexico City, Mexico with 24 projects/3,168 rooms, Guadalajara, Mexico with 21 projects/2,687 rooms, and Cancun, Mexico with 19 projects/7,524 rooms. Lima follows with 14 projects/1,993 rooms and San Paulo with 11 projects/2,483 rooms. The hotel franchise companies with the largest construction pipelines in Latin America at the close of the fourth quarter are Hilton Worldwide with 101 projects/13,737 rooms, Marriott International with 100 projects/16,161 rooms, and Accor with 75 projects/9,595 rooms. These three franchise companies account for 51% of the projects in the total Latin America construction pipeline. The top brands in the Latin America hotel construction pipeline at the Q4 close are Accor’s Ibis brands with 49 projects/6,152 rooms, Hilton Garden Inn

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Championship team travels to West Monroe for World Series to discover hotel cancels reservations leaving them without a place to stay. | KTVE

WEST MONROE, La. (KTVE/KARD) – The reigning Dixie World Series 6u T-Ball Champs from Houston waited a year to come back to West Monroe for another back to back world series victory, but their hopes were crushed when they were told their rooms were canceled just hours before checking in. 

“It’s very frustrating. These kids are 5 and 6 years old. They need a place to go, not to mention there are a lot of young parents with infants,” said Michael Griffin, coach and parent of the team. 

The team booked their rooms four weeks in advance and traveled over 350 miles to find out they had no place to stay.  

“Only to come and found out 2 hours before we get a phone call that 13 rooms were being canceled, and 75 people are left on the streets with no place to go,” explained Griffin.

“My heart dropped, I didn’t know what we were gonna do,” said Bailey Griffin, another parent.

The team says they never received any explanation or help from management.

“When it happened to 13 families, I knew it was a big issue. I knew at that moment that it shouldn’t happen anymore and that people need to know what’s going on,” said Michael.

But teamwork always succeeds. The team remained optimistic and started making calls until they found one place for two nights out of five nights. 

“They were able to give us 8 rooms for two nights so that accommodates some of our team,” said Bailey.  

“We were handling it this great hours ago. We learned to calm down. It’s been hard,” added Stacey Patino, another parent.

KTVE reached out to the hotel management, but our calls haven’t been returned. Bailey says they’re still looking for a place to stay for the

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Championship team travels to West Monroe for World Series to discover hotel cancels room reservations | KTVE

WEST MONROE, La. (KTVE/KARD) – The reigning Dixie World Series 6u T-Ball Champs from Houston waited a year to come back to West Monroe for another back to back world series victory, but their hopes were crushed when they were told their rooms were canceled just hours before checking in.

“It’s very frustrating. These kids are 5 and 6 years old. They need a place to go, not to mention there are a lot of young parents with infants,” said Michael Griffin, coach and parent of the team

The team booked their rooms four weeks in advance and traveled over 350 miles to find out they had no place to stay.  

“Only to come and found out 2 hours before we get a phone call that 13 rooms were being canceled, and 75 people are left on the streets with no place to go,” explained Griffin.

“My heart dropped, I didn’t know what we were gonna do,” said Bailey Griffin, another parent.

The team says they never received any explanation or help from management.

“When it happened to 13 families, I knew it was a big issue. I knew at that moment that it shouldn’t happen anymore and that people need to know what’s going on,” said Michael.

But teamwork always succeeds. The team remained optimistic and started making calls until they found one place for two nights out of five nights

“They were able to give us 8 rooms for two nights so that accommodates some of our team,” said Bailey.  

“We were handling it this great hours ago. We learned to calm down. It’s been hard,” added Stacey Patino, another parent.

KTVE reached out to the hotel management, but our calls haven’t been returned. Bailey says they’re still looking for a place to stay

Read the rest