Hotel Construction Pipeline Growth in Canada Steady with Projects Up by 10% YOY

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Hotel Construction Pipeline Growth in Canada Steady with Projects Up by 10% YOY

By admin|2016-08-31T11:22:24-04:00August 31st, 2016|

Lodging Econometrics | August 31, 2016

August 31, 2016 – PORTSMOUTH, NH – According to the latest Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), the Total Pipeline ended Q2 2016 with 208 Projects/25,177 Rooms, up 10% by projects and 9% by rooms Year-Over-Year (YOY). This is the 4th consecutive quarter where the pipeline shows YOY growth.

There are 71 Projects/9,888 Rooms currently Under Construction. Projects Scheduled to Start Construction in the Next 12 Months are at 79 Projects/8,904 Rooms and projects in Early Planning are at 58 Projects/6,385 Rooms.

About Lodging Econometrics

Lodging Econometrics (LE) is the lodging industry’s leading consulting partner for global real estate intelligence. Combining unparalleled industry experience, a real-time pulse on market trends and extensive knowledge of key decision-makers, LE delivers actionable insights that turn their clients’ business goals into timely opportunities.

Contact: Emily Lloyd

[email protected]/+1 603.427.9544

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Hotel Construction Pipeline Growth in Canada Steady with Projects Up by 10% YOY

Today's News PPDS Delivers Seamless Guest Room Casting for Hotels With New All-In-One Philips Cast Server