LE: Canada’s pipeline remains robust
Hotel Business
OCTOBER 31, 2023
In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE) , analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). In the first three quarters of 2023, Canada had 16 new hotel openings.
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