Much weaker commercial real estate investment volumes in the second quarter of 2020 reflect the impact of lockdown measures and border controls enacted to combat the COVID-19 crisis.
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 July 2016 Pipeline Report shows 28,417 rooms in 174 projects Under Contract in the Caribbean/Mexico region. The total represents a 2.4% decrease in rooms Under Contract compared with June 2015.
Based on STR's May 2016 Pipeline Report, over 28,368 rooms in 178 projects Under Contract in the Caribbean/Mexico region.