STR: Canadian hotel pipeline March/10

HENDERSONVILLE, Tennessee—The Canadian hotel development pipeline comprises 202 projects totaling 21,538 rooms, according to the March 2010 STR/TWR/Dodge Construction Pipeline Report released in early April. This represents a 2.5-per cent decrease in the number of rooms in the pipeline compared to February 2010 and a 16.5-per cent decrease in the number of rooms in the pipeline compared to March 2009.

Among the provinces, Ontario reported the most rooms in the total active pipeline, ending the month with 10,105 rooms, followed by Alberta (4,179 rooms) and British Columbia (2,933 rooms).

Among the Chain Scale segments, the Unaffiliated segment reported the largest year-over-year increase in rooms in the total active pipeline, rising 21.0 per cent to 8,653 rooms. The Economy segment was the only other segment to report an increase in rooms in the total active pipeline, increasing 9.1 per cent to 658 rooms. The Upper Upscale segment ended the month with the largest decrease of rooms in the total active pipeline, falling 81.2 per cent to 500 rooms, followed by the Midscale with Food and Beverage segment (-50.0 per cent to 1,008 rooms) and the Luxury segment (-47.5 per cent to 594 rooms).