canada
Projects in Canada’s Hotel Construction Pipeline are Up Slightly Year-Over-Year
Lodging Econometrics (LE) | August 3, 2022
Portsmouth, NH - As seen in the recently released Q2 2022 Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter the total construction pipeline in Canada stands at 261 projects/35,662 rooms, up 3% by projects year-over-year (YOY) and up 7% by rooms YOY. During the first half of the year, Canada’s tourism and hospitality sector saw an increasing number of domestic and international visitors comparable to those seen since the on-set of the pandemic. While larger group demand has been slow to return, smaller group, meetings, and leisure activity is on the upswing in urban areas and popular touri...
Total Construction Pipeline in Canada Up 11% by Projects YOY
Lodging Econometrics (LE) | May 24, 2018
According to Lodging Econometrics (LE), the total Construction Pipeline in Canada currently has 237 Projects/29,881 Rooms, up 11% by projects Year-Over-Year (YOY). There are 90 Projects/11,811 Rooms Under Construction, up 20% by projects YOY. Projects Scheduled to Start Construction in the Next 12 Months are at 93 Projects/10,658 Rooms, up 11%, while those in Early Planning are at 54 Projects/7,412 Rooms, down 2%. The top hotel companies in Canada's Construction Pipeline by projects are: Marriott with 54 Projects/7,718 Rooms, InterContinental Hotels Group (IHG) with 44 Projects/4,528 Rooms, and Hilton with 38 Projects/4,319 Rooms. The l...
