from today's Hotels (2/11):
Latin America Projects Off 34% From Peak
PRESS RELEASE -- Hotels, 2/11/2010 9:21:21 AM
"The Latin America Construction Pipeline declined for a seventh consecutive quarter in Q4 2009 to 453 projects/74,946 rooms, reaching a new low for the current development cycle. Total projects have declined 34% from the Q1 2008 peak, with rooms down 42%. The Caribbean and South America saw the largest drop-offs from the peak." ....
for the compelte release
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