According to Lodging Econometrics (LE), the total construction pipeline in Canada currently has 237 projects/29,881 rooms, up 11 percent by projects year-over-year (YOY).
There are 90 projects/11,811 rooms under construction, up 20 percent by projects YOY. The number of projects scheduled to start construction in the next 12 months is up 11 percent at 93 projects with a total of 10,658 rooms, while those in early planning stages are down 2 percent at 54 projects/7,412 rooms.
The top hotel companies in Canada’s construction pipeline by projects are: Marriott with 54 projects/7,718 rooms; InterContinental Hotels Group (IHG) with 44 projects/4,528 rooms; and Hilton with 38 projects/4,319 rooms. The largest brands in the pipeline for each of these companies are: Courtyard by Marriott with 11 projects/1,596 rooms; IHG’s Holiday Inn Express with 29 projects/3,017 rooms; and Hilton’s Hampton Inn & Suites with 14 projects/1,428 rooms.
Cities in Canada with the largest pipelines are: Toronto with 34 projects/4,915 rooms; Calgary with 15 projects/2,310 rooms; and Edmonton with 12 projects/1,825 rooms.