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According to data from the STR/McGraw Hill
Construction Dodge Pipeline Report, 34 new properties comprising
3,377 rooms opened in Canada in 2011, representing a 1% increase
in new supply over last year.
Among the Chain Scale segments, the Upper
Midscale segment reported the most new rooms, opening 14
properties with 1,328, followed by the Upscale segment with six
properties and 884 rooms.
The Economy segment reported the largest
increase (135.8%) in new rooms, compared to 2010, with 6
properties opening with 408 rooms.
In 2012, there are 46 properties expected to
open in Canada with 6,206 rooms.
The Upper Midscale segment is expected to open
the most rooms with 19 projects and 2,051 rooms, followed by the
Unaffiliated segment (12 properties with 1,767 rooms) and the
Upscale segment (8 properties with 1,369
rooms).
In December 2011, the Canadian hotel development
pipeline comprised 187 projects totalling 20,957 rooms. This
represents a 4% decrease in the number of rooms in the
total active pipeline compared to December 2010.
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