ASIA Travel Tips.com

STR Reports Canada Hotel Pipeline for September 2013

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Thursday, 31 October 2013
 

According to the September 2013 STR Pipeline Report, Canadaís hotel development pipeline comprises 200 projects totaling 22,352 rooms.

This represents a 6.9% increase in the number of rooms in the total active pipeline compared with September 2012.

Among the Chain Scale segments, the Upscale segment reported the only double-digit increase in rooms in the total active pipeline, rising 26.7% with 6,969 rooms.

 The Unaffiliated segment reported the largest decrease in rooms in the total active pipeline falling 6.6% with 7,013 rooms.

Three segments reported increases of more than 20% in the number of rooms under construction: the Midscale segment (+100.0% with 160 rooms); the Upscale segment (+32.5% with 3,457 rooms); and the Upper Midscale segment (+21.1% with 2,373 rooms). The Unaffiliated segment fell 73.7% with 596 rooms, reporting the largest decrease in rooms under construction.

See other recent news regarding: Interviews, Pictures, Videos, STR, Canada

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also receive the daily news service by WhatsApp, stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Advertising
Advertising
Copyright © 1997-2020 TravelNewsAsia.com