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THP’s top four projects: South America

Gain an insight into the growing South American market and learn how it can benefit your business.

THP’s top four projects: South America

Gain an insight into the growing South American market and learn how it can benefit your business.

South America has become a region to watch in the hotel market since the end of the pandemic, and the continent is expected to witness significant growth throughout the next few years. 

Hotels revenue in South America is projected to reach US$19.72bn in 2024, growing at a compound annual growth rate of 3.86% and reaching a market volume of US$22.95bn by 2028.*

Helping your business reach South America 

The THP database provides detailed, updated information on the latest hotel projects across South America. Gaining access to the database is a perfect solution for businesses that want unparalleled access to contacts from a wide range of upcoming hotels.

It’s easy to search for a project which best suits your needs, as the THP database contains an advanced filtering system and covers a number of different hotel types. The hotel types range from apartment hotels, all the way through to leisure hotels and resorts. 

THP’s database also covers all leading hotel chains and brands. Some of South America’s biggest upcoming hotel projects are being run by big industry players, such as Marriott, Hyatt, Hilton and Accor. 

The THP database currently has more than 200 South American hotel projects listed as in planning or under construction.

Thousands of South American hotels on the database

South America has some of the most special and unusual hotel projects under construction or in the pipeline, thanks to the continent’s diverse landscape and less established hotels market. 

The region is also at the forefront of some of the industry’s most recent hotel trends. 

This includes a marked increase in the number of hotels and resorts which are being built in previously unexplored locations, such as the Galapagos Islands. 

We’ve compiled some of these exciting new hotel projects below, all of which are explained in greater detail on THP’s database. 

Four of South America’s newest upcoming hotel projects 

The Ritz-Carlton Reserve Pearl Island

This open-air resort will be on the Pearl Islands, a string of islands situated just 30 miles off the coast of Panama. The intimate complex will feature just 86 rooms, and will be operated by Ritz Carlton, a subsidiary of Marriott. The USD$35million project is scheduled to be complete by the end of 2026. 

Location Pearl Island, Panama
PhaseUnder construction
No. of rooms86
ScheduleQ4 in 2026
Star RatingFive star
More detailshttps://tophotelprojects.com/constructions/the-ritz-carlton-reserve-pearl-island/

Viceroy Bocas del Toro Panama

This resort features 186 guest rooms, which include 42 breathtaking overwater villas along 457 acres of coastline. The complex will only be accessible from Panama City by boat, seaplane or helicopter, ensuring an exclusive experience. There will also be extensive food and beverage options, along with countless options for outdoor adventure. The project is run by Viceroy Hotels & Resorts. 

Location Bocas del Toro, Panama
PhaseUnder construction
No. of rooms186
ScheduleQ1 in 2026
Star RatingFive star
More detailshttps://tophotelprojects.com/constructions/viceroy-bocas-del-toro-panama/

Four Seasons Hotel and Private Residences Cartagena

Four Seasons will be opening a hotel in Cartagena, a city on Columbia’s Caribbean coast. The project will revitalise and restore several culturally significant buildings dating back to the 16th Century. It’s projected to open by the start of 2025, with 132 rooms. 

Location Cartagena, Columbia
PhaseConversion, under construction
No. of rooms132
ScheduleQ1 in 2025
Star RatingFive star
More detailshttps://tophotelprojects.com/constructions/four-seasons-hotel-and-private-residences-cartagena/

Six Senses Galapagos

Six Senses is launching a resort in the wildlife-rich Ecuadorian province of Galapagos, on the northeastern coast of San Cristobal Island. The new build complex will have 250 rooms and launch in early 2025. 

Location Cerro Verde, San Cristobal, Ecuador 
PhaseNew build
No. of rooms250
ScheduleQ1 in 2025
Star RatingFive star
More detailshttps://tophotelprojects.com/constructions/six-senses-galapagos/

Sources: 

https://www.us.jll.com/en/trends-and-insights/research/travel-and-tourist-arrivals-in-latin-america-growing-rapidly-hotel-growth-responds

https://www.statista.com/outlook/mmo/travel-tourism/hotels/south-america#revenue

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