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by Michael J. Shapiro | October 24, 2012

 The hotel development pipeline for Central and South America includes 237 hotels, totaling 34,031 rooms, according to the September 2012 STR Global Construction Pipeline Report, released last week. Brazil has the most rooms under construction, with 3,831 under way. Four other countries in the region have in excess of 1,000 rooms under construction: Panama (2,837), Colombia (1,432), Costa Rica (1,348) and Argentina (1,227).