Canada's Month-Over-Month New Hotel Construction Remains Flat

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(HENDERSONVILLE, TN) -- According to the December 2009 STR-TWR-Dodge Construction Pipeline Report released this week, the Canadian hotel development pipeline included 214 projects comprising 23,384 rooms.

This represents a relatively flat to small 0.9-percent decrease in the number of rooms in the pipeline compared to November 2009 and a 10.8-percent decrease in the number of rooms in the pipeline compared to December 2008.

Among the Chain Scale segments, the unaffiliated segment reported the largest increase in rooms in the total active pipeline, rising 38.4 percent to 8,692 rooms. The Economy segment also reported an increase in rooms in the total active pipeline, up 25.4 percent to 756 rooms. The Upper-Upscale segment ended the month with the largest decrease, down 59.7 percent to 1,135 rooms in the total active pipeline, followed by the Midscale-without-Food-and-Beverage segment with a 31.3-percent decrease to 4,382 rooms.

Canadian pipeline by Chain Scale segment (number of rooms & percent change December 2009 vs. December 2008)

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