According to the Q4 2025 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), the region’s total construction pipeline experienced growth, reaching 774 projects/117,260 rooms, marking increases of 13% by projects and 7% by rooms year-over-year (YOY).

At Q4, projects under construction stand at 309 projects/51,676 rooms, up 14% by projects and 7% by rooms YOY. Projects scheduled to start construction anytime in the next 12 months reached 207 projects/30,487 rooms, showing increases of 16% by projects and 5% by rooms YOY. Projects in early planning stand at 258 projects/35,097 rooms, up 9% by projects and 7% by rooms YOY. During Q4, 40 hotels/5,746 rooms started construction, up 25% by projects YOY.

Luxury projects stand at 140 projects/25,812 rooms, up 4% by projects YOY, while upscale projects are at 139 projects/20,429 rooms, up 3% by rooms YOY. The midscale segment demonstrated substantial growth with 144 projects/17,155 rooms, up 21% by projects and 25% by rooms YOY. Additionally, the upper upscale chain scale reached record-high numbers in Q4, with 134 projects/22,628 rooms.

Mexico leads the countries in Latin America’s hotel construction pipeline with 257 projects/38,669 rooms, up 4% by projects and 1% by rooms YOY. Brazil follows with 133 projects/17,719 rooms, showing strong increases of 25% by projects and 20% by rooms YOY. The Dominican Republic stands at 84 projects/18,061 rooms, up 27% by projects and 7% by rooms YOY. These top three countries account for 61% of the projects and 63% of the rooms in the region’s total pipeline.

Cities with the largest pipelines include Mexico City, Mexico, which reached a record-high 30 projects/3,367 rooms, up 25% by projects and 15% by rooms YOY. Lima, Peru follows with 16 projects/2,206 rooms, up 14% by projects and 1% by rooms YOY, and Georgetown, Guyana with 16 projects/2,142 rooms, up 33% by projects and 29% by rooms YOY.

Through the end of 2025, 71 new hotels with 12,160 rooms opened in Latin America. Looking ahead, LE analysts forecast 125 new hotels/20,467 rooms to open in 2026, followed by 136 new hotels/17,783 rooms to open in 2027.

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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