Canada’s Hotel Construction Pipeline Wraps Q1’21 With 259 Projects and 35,432 Rooms

Lodging Econometrics | May 6, 2021

PORTSMOUTH, NH – May 6, 2021 – Analysts at Lodging Econometrics (LE) report that at the close of the first quarter of 2021, Canada’s hotel construction pipeline stood at 259 projects/35,432 rooms. The construction pipeline in Canada is down 15% by projects and 12% by rooms, year-over-year (YOY). However, compared to pre-pandemic totals at the end of Q1 2019, Canada is down a mere 2% by projects and up 7% by rooms. Canada’s lodging industry has been hard-hit by the drop in leisure travel, largely due to stay-at-home orders and restrictions barring inter-provincial travel. Currently, the country is experiencing a high level of positi...