PORTSMOUTH, NH – Lodging Econometrics’ (LE) Q3 2025 Latin America Construction Pipeline Trend Report signals continued momentum for the region’s hospitality industry. At the close of the quarter, the hotel construction pipeline in Latin America currently stands at 751 projects and 116,480 rooms, representing year-over-year (YOY) increases of 17% in projects and 11% in rooms.
Digging deeper into the pipeline data, LE’s report highlights several positive indicators. At the close of Q3 2025, Latin America had 308 projects with 51,984 rooms under construction, reflecting a 14% YOY rise in projects and 10% in rooms. Projects scheduled to start construction within the next 12 months grew to 211 projects and 32,424 rooms, up 15% by project count and 7% by room count YOY. The early planning pipeline stage expanded significantly at Q3, increasing 22% YOY to 232 projects and 18% YOY to 32,072 rooms.
During Q3 2025, the Latin American pipeline saw 28 projects accounting for 5,083 rooms commence construction. The region also experienced significant activity in hotel renovations and brand conversions, with a combined total of 173 projects/29,200 rooms, up 15% by projects and 5% by rooms YOY.
The Q3 report also provides insights into the region’s hotel pipeline by chain scale. Notably, the luxury and upper upscale chain scales hit record-high project counts at Q3. The luxury chain scale closed the quarter at 143 projects/27,387 rooms, while the upper upscale chain scale reached 124 projects/22,420 rooms, and the upscale chain scale reached 144 projects/20,904 rooms.
Geographically, Mexico reached an all-time high with 264 projects/40,412 rooms, accounting for 35% of both the total project count and room count. Brazil followed with 123 projects/16,272 rooms, up 19% by project count YOY. The Dominican Republic continued its strong growth trajectory with 81 projects/17,351 rooms, representing a 37% increase in project count and 20% increase in room count YOY. These three countries combined account for 62% of all the projects and 64% of the rooms in Latin America’s construction pipeline.
The cities with the largest pipelines in Latin America include Mexico City with 28 projects/3,273 rooms, Lima with 16 projects/2,206 rooms, and Riviera Maya with 16 projects/2,088 rooms.
The Latin America region saw 45 new hotel openings comprising 7,869 rooms through the first three quarters of 2025. LE forecasts an additional 35 new hotels with 5,178 rooms to open in Q4 2025, bringing the total for the year to 80 new hotels and 13,047 rooms.
Looking ahead, LE’s forecast for new hotel openings point to a sustained growth trajectory, with 121 new hotels and 20,348 rooms forecast to open in 2026, followed by a further increase in 2027 to 134 new hotels and 17,072 rooms.
About Lodging Econometrics (LE)
For over 25 years, Lodging Econometrics (LE) has been the industry-leading provider of global hotel intelligence and decision-maker contact information. LE custom-builds business development database programs for hotel franchise companies looking to accelerate their brand growth, hotel ownership and management companies seeking to expand their real estate portfolios, and lodging industry vendors wanting to increase their sales. To learn more about our business development programs contact us: +1 603.431.8740, ext 0025 or [email protected].
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Lodging Econometrics
