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Hotel Construction Up in Mexico and Caribbean

The hotel construction pipeline for the Mexico/Caribbean region in January increased 26.9% to 152 projects and 31,787 rooms compared to the year-ago period, according to STR. Upscale projects experienced the largest increase at 70.1%, with 7,048 rooms. Mexico led the region in construction, with 16,699 rooms or 4.0% growth. See STR

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