Tuesday, April 13, 2010

STR: Canada hotel pipeline for March 2010

HENDERSONVILLE, Tennessee—The Canadian hotel development pipeline includes 202 projects comprising 21,538 rooms, according to the March 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 2.5-percent decrease in the number of rooms in the pipeline compared to February 2010 and a 16.5-percent 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).

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