The total hotel construction pipeline in Canada currently has 244 projects totaling 32,170 rooms, up 17 percent by projects year-over-year (YOY), according to Lodging Econometrics.
The number of projects under construction in Canada is up 19 percent YOY, totaling 87 projects and 11,286 rooms Under Construction. Hotels scheduled to start construction in the next 12 months are up 15 percent at 91 projects/10,536 rooms. The number of hotel projects in early planning stages in Canada is up 18 percent YOY at 66 projects/10,348 rooms.
The hotel companies with the most projects in Canada’s construction pipeline are: Marriott with 54 projects/7,764 rooms, InterContinental Hotels Group (IHG) with 43 projects/4,436 rooms, and Hilton with 37 projects/4,218 rooms. The largest brands in the pipeline for each of these companies are: Courtyard by Marriott with 110 projects/1,597 rooms, IHG’s Holiday Inn Express with 30 projects/3,129 rooms, and Hilton’s Hampton Inn & Suites with 12 projects/1,231 rooms.
Cities in Canada with the largest hotel pipelines are: Toronto with 36 projects/5144 rooms, Calgary with 14 projects/2,221 rooms, and Edmonton with 12 projects/1,825 rooms.