Q1 Canadian Hotel Construction Projects Expand

Canadian hotel construction projects in Q1 2023 increased 10% from 2022 to 283, representing 37,683 rooms. Projects planned for the next 12 months remained unchanged compared to Q1 2022, with 91 projects and 11,298 rooms anticipated. Construction in the “early planning stage” reached a record level, growing 38% to 145 projects representing 20,583 rooms. See Canadian Lodging Econometrics