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Canada hotel pipeline for September 2012

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12 October 2012
HNN Newswire


HENDERSONVILLE, Tennessee—Canada’s hotel development pipeline comprises 195 projects totaling 21,011 rooms, according to the September 2012 STR/McGraw Hill Construction Dodge Pipeline Report. This represents a 0.3-percent increase in the number of rooms in the total active pipeline compared to September 2011.

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, followed by the Economy segment (+ 130.2 percent with 679 rooms) and the Midscale segment (+62.5 percent with 564 rooms). The Luxury segment experienced the largest decrease falling 100 percent with no rooms in the total active pipeline.

Three segments reported increases in rooms under construction of more than 30 percent: the Economy segment (+183.1 percent with 252 rooms); the Upper Midscale segment (+76.2 percent with 2,067 rooms); and the Upscale segment (+33.1 percent with 2,609 rooms).

Media Contacts:

Jeff Higley
VP, Digital Media & Communications      
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

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