by Michael J. Shapiro | April 17, 2013

 Brazil has the most rooms under construction in Central and South America, according to the March 2013 STR Global Construction Pipeline Report. The booming South American country currently reports 6,131 rooms under construction. Panama, with 2,569 rooms in construction, follows in second place. The region's total pipeline consists of 235 hotels, for a total of 36,349 rooms. In the Caribbean/Mexico region, the development pipeline comprises 118 projects, or 20,015 rooms. By virtue of what it had to begin with, Haiti is looking at the steepest supply growth: That country's pipeline of 560 rooms would represent a 58.2 percent supply increase if the rooms all open. Similarly, the only other nation in the region with a projected supply growth exceeding 30 percent is Anguila: If that country's 220 rooms come to fruition, supply would jump by 31.3 percent.