Region overview: Over 2,000 new hotels to go live in the Americas [Construction Report]
The TOPHOTELPROJECTS construction database shows that 2,126 new hotels will open across North, Central and South America, plus the Caribbean, in the coming years.
A total of 2,126 properties with 441,919 rooms are scheduled to go live throughout the Americas, according to our research, of which the lion’s share will be in the US. We find out more about what’s coming up in this huge region.
2021 to be a big year for the hotel sector
The remainder of 2020 will see 377 hotels open in the Americas, bringing 72,271 extra rooms into play. 204 of these properties are already in the preopening phase.
In 2021, things will get especially busy with 808 openings slated to add 152,428 rooms to the market. Another 386 hotels with 87,378 rooms are due for completion in 2022, and 122 properties with 30,433 keys will open in 2023. For 2024 and beyond, 433 projects with 99,411 rooms are already in the pipeline.
Of these 2,126 openings, 1,519 will be first-class properties, while 607 will be in the luxury segment.
North America leads the way
With 1,876 hotels in the pipeline, North America gets the lion’s share of the 2,126 properties logged by our researchers – Latin America will see just 250 establishments open their doors.
In terms of countries, the US takes the lead with 1,526 hotels and 296,596 keys under development. Mexico comes in a distant second place with 132 projects and 32,829 keys in its pipeline, while Brazil completes the top three with 72 properties and 15,492 rooms.
Canada will grow its offering by 67 hotels with 10,671 rooms, followed by Argentina with 45 projects and 4,692 keys. Colombia isn’t far behind with 35 planned launches set to bring 6,100 new rooms.
Despite having only 30 hotels in its pipeline, meanwhile, the Dominican Republic will see an impressive 21,928 new rooms hit the market soon. Chile comes next with 26 hotels and 4,173 keys, and Cuba and Peru conclude the list with 22 projects each and 5,525 and 3,584 keys respectively.
Urban growth centres in the Americas
Unsurprisingly, all the cities that make our top ten are in the US. New York takes first place with 67 projects and 17,463 rooms under development, LA comes second with 51 hotels and 10,662 keys underway, and Atlanta completes the top three with 47 properties and 9,961 rooms.
Miami and Nashville are next in line with 36 and 33 projects each, followed by San Francisco and its 23 new hotels. Further down the list, Austin and Chicago have 22 and 21 properties in their respective pipelines, while Orlando, Denver and Indianapolis will all grow their hotel offering by 20 properties.
Americas Hotel Construction Report
Key hotel brands expanding in the Americas
Meanwhile, Hilton Garden Inn will open 43 properties, closely followed by Aloft, which will add 40 hotels to its network. Elsewhere, AC Hotels by Marriott has 38 projects in its pipeline, and Marriott Hotels & Resorts is right on its heels with 35 properties but nearly twice as many rooms.
Interesting hotel projects underway in the Americas
In Las Vegas, Hilton is working on a triple-branded property that will provide a spectacular home for its Conrad, Hilton Hotels & Resorts and LXR flags. They will go live by mid-2021 and offer a total of 3,500 rooms, making it one of the largest hotels in the world with all the lifestyle and entertainment features guests expect from a hotel in Vegas. Facilities will include a 5,000-capacity state-of-the-art theatre, 32,500 sq m of meeting and convention space, a 20,000 sq m pool complex with seven unique pool experiences, a spa and fitness centre, and an extensive collection of casual and fine-dining F&B concepts.
Omni also has two noteworthy projects in the works. Omni Boston Hotel at the Seaport will have 1,055 rooms and suites and open by early 2021. And over in Fort Lauderdale, a new Omni property will feature 800 rooms when it opens by Q2 2023. Both properties will boast expansive meeting and convention facilities decked out with the latest technology to offer organisers maximum flexibility in creating memorable events.
Finally, the 17-storey Grand Hyatt Miami Beach will open by Q3 2023 and offer 800 rooms with splendid views of Miami Beach. Other facilities will include two floors of meeting spaces and ballrooms that will complement the convention centre next door, a resort-style pool deck with panoramic views and retail spaces. In addition, an eye-catching elevated skybridge will allow event attendees to move freely between the hotel and the convention centre in a climate-controlled, art-filled corridor.
Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.