LE: Canada’s Hotel Construction Pipeline Continues to Expand Year-Over-Year

国语两人做人爱费视频PORTSMOUTH, NH—According to analysts at Lodging Econometrics (LE), Canada’s hotel construction pipeline continued to expand at the close of Q2 2020 with 296 projects/39,645 rooms. The construction pipeline is up 8% by projects and 11% by rooms year-over-year (YOY).

All stages of the pipeline have experienced increases YOY. Projects under construction stand at 98 projects/12,255 rooms, up 7% by projects and 10% by rooms. Projects scheduled to start construction in the next 12 months includes 107 projects/12,530 rooms, both up 13%, and projects in the early planning stage stand at 91 projects/14,860 rooms, up 6% and 9% respectively.

Ontario continues to lead Canada’s construction pipeline with a record-high 154 projects/20,526 rooms and accounts for 52% of the projects in Canada’s total pipeline. British Columbia follows with 47 projects/6,530 rooms and then Alberta with 30 projects/4,682 rooms and Quebec with 26 projects/3,387 rooms. Collectively, these four provinces account for 89% of the rooms in Canada’s pipeline.

The top five cities are led by Toronto with 59 projects/8,303 rooms, claiming 20% of all the projects in Canada’s total construction pipeline. Following is Montreal at record counts with 19 projects/2,484 rooms; Niagara Falls with 14 projects/3,748 rooms; Vancouver with 12 projects/1,609 rooms; and Ottawa with 10 projects/1,783 rooms. These five cities combined account for 45% of the rooms in the total pipeline.

国语两人做人爱费视频The top franchise companies in Canada’s construction pipeline are Hilton at an all-time high with 68 projects/8,202 rooms and Marriott International with 64 projects/7,918 rooms. InterContinental Hotels Group (IHG) follows with 55 projects/5,263 rooms. Combined, these three franchise companies claim 63% of the projects in the total pipeline.

The top brands in Canada’s pipeline are IHG’s Holiday Inn Express with 33 projects/3,263 rooms and Hampton by Hilton, at a record high with 30 projects/3,379 rooms. Fairfield Inn by Marriott follows with 16 projects/1,530 rooms, also at an all-time high.

国语两人做人爱费视频Other notable brands in Canada’s pipeline are Hyatt Place with 14 projects/2,197 rooms; Marriott’s TownePlace Suites with 14 projects/1,546 rooms and Courtyard by Marriott with 12 projects/1,866 rooms; and Home2 Suites by Hilton with 12 projects/1,270 rooms, also at an all-time high.

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