A total of 126 hotels totalling 20,436 rooms are currently under planning across the Caribbean and Mexican markets, according to the January 2013 STR Construction Pipeline Report.

The luxury sector accounted for the largest number of rooms in the region's total active pipeline, with 33.9 per cent and 6,933 rooms. In total, the new developments are set to add 20,436 rooms to the regions capacity.

Three other segments each made up more than 10 per cent of rooms in the pipeline: the upscale represents 19.4 per cent of new openings and the unaffiliated sector accounts for 17.9 per cent, while 15.9 per cent will be upper midscale hotels.

The luxury segment with 4,109 rooms and the unaffiliated sector with 1,967 rooms each make up the largest number of rooms under construction in the Caribbean and Mexican region.