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STR reports Canada hotel pipeline for September 2013

November 1, 2013 Statistics & Trends No Comments Email Email

Canada’s hotel development pipeline comprises 200 projects totaling 22,352 rooms, according to the September 2013 STR Pipeline Report. This represents a 6.9-percent increase in the number of rooms in the total active pipeline compared with September 2012.

Among the Chain Scale segments, the Upscale segment reported the only double-digit increase in rooms in the total active pipeline, rising 26.7 percent with 6,969 rooms. The Unaffiliated segment reported the largest decrease in rooms in the total active pipeline falling 6.6 percent with 7,013 rooms.

Three segments reported increases of more than 20 percent in the number of rooms under construction: the Midscale segment (+100.0 percent with 160 rooms); the Upscale segment (+32.5 percent with 3,457 rooms); and the Upper Midscale segment (+21.1 percent with 2,373 rooms). The Unaffiliated segment fell 73.7 percent with 596 rooms, reporting the largest decrease in rooms under construction.

For complete release with table, open the attached Word document.

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