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...