HENDERSONVILLE, Tennessee—The Canadian hotel development pipeline comprises 191 projects totaling 21,353 rooms, according to the June 2011 STR/McGraw Hill Construction Dodge Pipeline Report. This represents a 4.1-percent decrease in the number of rooms in the total active pipeline compared to June 2010.
Among the Chain Scale segments, two reported increases in rooms in the total active pipeline: the Upper Midscale segment (+23.6 percent with 5,094 rooms) and the Unaffiliated segment (+18.2 percent with 9,501 rooms). Three segments ended the month with a decrease in rooms in the total active pipeline of more than 50 percent: the Luxury segment (-76.1 percent with 202 rooms); the Midscale segment (-74.0 percent with 472 rooms); and the Economy segment (-59.7 percent with 364 rooms).
Canadian pipeline by Chain Scale segment (number of rooms & percent change June 2011 vs. June 2010)
|
Chain Scale
|
Existing Supply
|
In Construction
|
Total Active Pipeline*
|
Total
% Change
|
|
Luxury
|
14,960
|
0
|
202
|
-76.1%
|
|
Upper Upscale
|
29,319
|
0
|
252
|
-49.8%
|
|
Upscale
|
29,387
|
1,731
|
5,468
|
-9.7%
|
|
Upper Midscale
|
70,297
|
1,288
|
5,094
|
+23.6%
|
|
Midscale
|
28,175
|
346
|
472
|
-74.0%
|
|
Economy
|
34,161
|
158
|
364
|
-59.7%
|
|
Unaffiliated
|
231,014
|
1,713
|
9,501
|
+18.2%
|
|
Total
|
437,313
|
5,236
|
21,353
|
-4.1%
|
* Includes those projects In Construction, Final Planning and Planning phases.
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Jeff Higley
VP, Digital Media & Communications
jeff@str.com
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Communications Coordinator
rurie@str.com
+1 (615) 824-8664 ext. 3305
