STR reports Canadian hotel pipeline for September 2011

"Canadian hotel development continues at a pace to yield total industry supply growth of just over 1 percent in 2011, which is in line with the industry's trailing five-year annual average," said Bobby Bowers, senior VP of operations at STR. "Rooms under construction are down slightly from the same time last year, and final planning rooms are up, driven by Upper Midscale projects. Similar to the U.S. trend, Upscale and Upper Midscale rooms dominate the number of rooms under construction in Canada."

Among the Chain Scale segments, the Upper Midscale segment reported the largest increase in rooms in the total active pipeline with a 31.7-percent increase and 5,589 rooms, followed by the Luxury segment with a 19.7-percent increase and 711 rooms. The Midscale segment (-81.1 percent with 347 rooms) and the Economy segment (-69.2 percent with 295 rooms) experienced the largest decrease in rooms in the total active pipeline.

The Upper Midscale segment (+75.7 percent with 1,739 rooms) and the Luxury segment (+72.7 percent with 461 rooms) ended the month with the largest increases in rooms under construction. The Midscale segment was the only segment to report a decrease in rooms under construction of more than 50 percent, falling 72.2 percent with 221 rooms.

About STR/McGraw Hill Construction Dodge Pipeline Report: | The Pipeline Report is co-produced by McGraw Hill Construction Dodge, and the 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.