32,056 rooms in 190 projects Under Contract in the Caribbean/Mexico region. The total represents a 14.3% increase in rooms Under Contract compared with October 2015.
According to STR's August 2016 Pipeline Report, 27,951 rooms in 172 projects Under Contract in the Caribbean/Mexico region. The total represents a 1.7% decrease in rooms Under Contract compared with August 2015.
Bahamas developer Replay Destinations Ltd. announced the public opening of One Ocean luxury oceanfront condominium residences on Paradise Island.
According to STR's April 2016 Pipeline Report, 28,715 rooms in 178 projects Under Contract in the Caribbean and Mexico regions.
Recent record-breaking growth in tourism, combined with new and on-going government incentives and investments in airports, highways and marinas, has contributed to an increase in luxury real estate sales