View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
April 17, 2011

Canada’s March Hotel Pipeline Drops

Canada's hotel pipeline dropped by 3.8% in March 2011 to 193 projects comprising 20,715 rooms, compared with the same month in 2010, according to the March 2011 STR / McGraw Hill Construction Dodge Pipeline Report. The country's upscale projects in the active pipeline accounted for mor

By cms admin

Canada’s hotel pipeline dropped by 3.8% in March 2011 to 193 projects comprising 20,715 rooms, compared with the same month in 2010, according to the March 2011 STR / McGraw Hill Construction Dodge Pipeline Report.

The country’s upscale projects in the active pipeline accounted for more than a quarter of 2011’s hotels, at 5,507 rooms compared with 5,941 rooms last year.

In March 2011, there were 1,745 unaffiliated rooms under construction, compared with 825 in 2010, potentially signalling an increase in independent rooms in the country.

The report also revealed that among the chain scale segments, upper mid-scale increased by 28.6% with 4,797 rooms, and the unaffiliated segment rose by 7.2% with 9,274 rooms.

The luxury segment reported a 66.3% fall of rooms in the active pipeline at 200, while the upper upscale segment reported no rooms in the active pipeline for March.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU