Canadian Hotel Construction Up in Q1

Canadian hotel construction pipeline reached 331 projects with 45,401 rooms in the first quarter. By the end of Q1, 64 projects with a total of 8,125 rooms were actively under construction. Over the next 12 months, 91 projects representing 12,327 rooms are scheduled to begin. Construction in the early planning stages improved 6% year-over-year to a record high of 176 projects, with 24,949 rooms, 13% more than last year. See Canadian Lodging Econometrics

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