Canadian pipeline by Chain Scale segment (number of rooms & percent change September 2010 vs. September 2009) — Photo by STR

The Canadian hotel development pipeline comprises 214 projects totaling 22,363 rooms, according to the September 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents an 8.6-percent decrease in the number of rooms in the pipeline compared to September 2009.

“The Canadian hotel development pipeline’s rooms under construction has decreased by 11.6 percent versus September 2009,” said Lana Yoshii, VP of content management at STR. “With only a 1.1-percent increase in supply during this period, new development has had sluggish growth. There are no rooms in the active pipeline phases (In Construction, Final Planning and Planning) for the Upper Upscale chain scale. The Upscale chain scale is reporting the most number of rooms currently In Construction (1,973 rooms).”

Among the Chain Scale segments, three segments reported increases in rooms in the total active pipeline: the Economy segment (+26.6 percent to 957 rooms); the Midscale with Food and Beverage segment (+13.0 percent to 1,953 rooms); and the Unaffiliated segment (+5.7 percent to 9,025 rooms). The Upper Upscale segment fell 100 percent in rooms in the total active pipeline with 0 rooms, followed by the Luxury segment with a 41.1-percent decrease to 594 rooms.

About STR/TWR/Dodge Construction Pipeline Report:
The Pipeline Report is co-produced by Torto Wheaton Research, Dodge Construction, and a dedicated pipeline team at STR. Available as an annual subscription or a local Market Supply Report, the Pipeline Report is a comprehensive look at new hotel development and existing supply in the U.S. and Canada.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Rachael Spann Urie
Communications Coordinator
+1 (615) 824-8664 ext. 3305
STR