Source: STR

HENDERSONVILLE, Tennessee – Canada’s hotel development pipeline comprises 203 projects totaling 22,845 rooms, according to the March 2013 STR Pipeline Report. This represents a 15.4-percent increase in the number of rooms in the total active pipeline compared with March 2012.

Among the Chain Scale segments, the Upper Upscale segment reported the largest increase in rooms in the total active pipeline, rising 244.0 percent with 867 rooms. Three other segments reported increases in rooms in the total active pipeline: the Upscale segment (+61.4 percent with 7,856 rooms); the Midscale segment (+30.0 percent with 472 rooms); and the Upper Midscale segment (+5.6 percent with 6,070 rooms).

The Upscale segment (+97.1 percent with 3,558 rooms) and the Upper Midscale segment (+52.7 percent with 2,368 rooms) were the only segments to report increases in the number of rooms under construction.

About the STR companies

The STR family of companies, which was formed in 2008, comprises of STR, STR Global, RRC Associates, STR Analytics and HotelNewsNow.com. Each company services the hotel industry in a different capacity: STR is the data provider for North America and the Caribbean; STR Global provides non-North American data; RRC Associates is the research firm that focuses mainly on destinations; STR Analytics digs deeper into the data for the hotel industry and provides consulting services; and HotelNewsNow.com is a digital media platform that offers the latest industry news, trends and insight.

Jeff Higley (STR)
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
STR