Hotel Construction Pipeline in Canada Reaches New Highs in Q

Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024

Article - Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024 - The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY).

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