Latin America's Hotel Construction Pipeline Expands with Mexico Leading Growth
The hotel construction pipeline in Latin America has experienced a 6% year-over-year increase in projects, according to the Q1 2026 Latin America Construction Pipeline Trend Report by Lodging Econometrics. The region now has 755 projects and 113,663 rooms in development. Mexico is at the forefront with 247 projects, representing 33% of the total projects in the pipeline. The luxury segment is showing the strongest growth with 142 projects. Key cities with significant construction activity include Mexico City, Lima, and Georgetown. Renovation and conversion activities are also robust, accounting for 150 projects and 25,788 rooms. Currently, 300 projects are under construction, and 189 projects are scheduled to start within the next 12 months.