* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, May 12, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Officials announce massive project that could reshape electric vehicle technology: ‘This is exactly the type of investment that will help us grow the economy’ – Yahoo Finance

    Game-Changer Ahead: Major Investment Set to Transform Electric Vehicle Technology and Boost the Economy!

    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    John Legend Says He’s Shocked by Ye’s ‘Descent’ Into ‘Antisemitism’ and ‘Anti-Blackness’ – Yahoo

    John Legend Expresses Shock Over Ye’s Troubling Descent into Antisemitism and Anti-Blackness

    Free Flowin’ Fest brings entertainment to Pascagoula’s Beach Park – WLOX

    Experience the Excitement: Free Flowin’ Fest Lights Up Pascagoula’s Beach Park!

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    ‘Experimental entertainment venue’ sets sights on Austin area – MySA

    Taylor Swift’s team calls subpoena in Blake Lively-Justin Baldoni case ‘tabloid clickbait’ – Yahoo

    Taylor Swift’s Team Slams Subpoena in Blake Lively-Justin Baldoni Case as ‘Tabloid Clickbait

    The Weeknd made the apocalypse sexy at his 2025 tour launch in Arizona – Yahoo

    The Weeknd Turns Up the Heat at His 2025 Tour Launch in Arizona!

    Flutter Entertainment eyes U.S. prediction markets amid growing interest – Sports Business Journal

    Flutter Entertainment Sets Its Sights on U.S. Prediction Markets as Interest Soars

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

    Well completions per location more than double in Lower 48 states as technology advances – U.S. Energy Information Administration (EIA) (.gov)

    Revolutionizing Oil Production: Lower 48 States See Doubling of Well Completions Thanks to Technological Breakthroughs!

    Officials announce massive project that could reshape electric vehicle technology: ‘This is exactly the type of investment that will help us grow the economy’ – Yahoo Finance

    Game-Changer Ahead: Major Investment Set to Transform Electric Vehicle Technology and Boost the Economy!

    Federal agents raid Dymeng Technology Solutions in St. Augustine – Action News Jax

    Federal Agents Storm Dymeng Technology Solutions in St. Augustine: What You Need to Know

    SoundHound’s Amelia 7.0 Platform Delivers Agentic AI With Category Leading Voice Technology – Business Wire

    Unleashing the Future: SoundHound’s Amelia 7.0 Revolutionizes Voice Technology with Agentic AI

    Comings and goings: MPT hires VP of technology, NPR announces changes to Business Desk – Current – For people in public media

    Exciting Leadership Changes: MPT Welcomes New VP of Technology and NPR Revamps Business Desk!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Hotel Construction Pipeline in Canada is Up; Toronto and Vancouver with Impressive Pipelines at Q2 2023

August 8, 2023
in News
Hotel Construction Pipeline in Canada is Up; Toronto and Vancouver with Impressive Pipelines at Q2 2023
Share on FacebookShare on Twitter

2 minute read      


Lodging Econometrics

August, 7 2023

Lodging Econometrics;

As seen in the recently released Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), the total construction pipeline in Canada continued to expand at the close of the second quarter with 275 projects/37,359 rooms, up 5% by projects and rooms year-over-year (YOY).

Analysts at LE report that, at the Q2 close, projects presently under construction in Canada stand at 52 projects/7,021 rooms. Projects scheduled to start construction in the next 12 months are at 88 projects/10,086 rooms. Early planning has the most substantial shift in projects YOY, showing a 30% increase by projects and a 42% increase by rooms YOY with 135 projects/20,252 rooms. This sharp increase in early planning is standard late-cycle activity.

The top provinces in Canada with the most projects in the pipeline at the end of the quarter are dominated by Ontario at 159 projects and a record 22,027 rooms. Next is British Columbia with 52 projects/8,434 rooms, and then Quebec, with 22 projects/2,480 rooms. Together, these three provinces account for 85% of the projects and 88% of the rooms in Canada’s total pipeline. Distantly following are Alberta, with 18 projects/1,832 rooms, and Saskatchewan, with 7 projects/674 rooms.

The top five cities in Canada with the largest pipelines, at the Q2 close, are led by Toronto with 62 projects/9,166 rooms, claiming 25% of all the rooms in the country’s total pipeline, and Vancouver with record-high project and room counts of 23 projects/3,634 rooms. Following are Montreal with 15 projects/1,805 rooms, Niagara Falls with 13 projects/4,712 rooms, and Ottawa-Hull with 9 projects/1,453 rooms.

Top hotel companies in Canada’s construction pipeline are Marriott International (Marriott), leading with 75 projects/10,059 rooms, followed by Hilton Worldwide (Hilton) with 66 projects/8,119 rooms, and IHG Hotels & Resorts (IHG) with 39 projects/4,014 rooms. These three companies make up 65% of the projects and 59% of the rooms in the total pipeline. The largest brands in the pipeline for each of these companies are the Hampton by Hilton brands with 25 projects/2,910 rooms, Marriott’s TownePlace Suites with 19 projects/1,935 rooms, and IHG’s Holiday Inn Express with 17 projects/1,826 rooms.

Other notable brands in the Canadian pipeline are Marriott’s Fairfield Inn with record project and room totals of 19 projects/1,805 rooms, and Home2 Suites by Hilton with 16 projects/1,699 rooms.

In the first half of 2023, 12 new hotels/1,637 rooms opened in Canada with an additional 16 new hotels/1,808 rooms scheduled to open before year-end, for a 1.0% growth rate. 2024 is forecast to see 33 new hotels/3,951 rooms open and 2025 will have 43 new hotels/4,537 rooms open, for a 1.1% and 1.2% growth rate, respectively.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : HotelNewsResource – https://www.hotelnewsresource.com/article127587.html

Tags: ConstructionHotelnews
Previous Post

Holiday Inn Express & Suites Lubbock Central

Next Post

What is Hospitality Financial Leadership?

Chehalis Basin Long-Term Strategy – Department of Ecology – State of Washington (.gov)

Transforming the Chehalis Basin: A Vision for Sustainable Solutions

May 12, 2025
Eight students receive scholarships for excellence in sports science endowed in memory of Markvan Bellamy Brooks – Clemson News

Eight students receive scholarships for excellence in sports science endowed in memory of Markvan Bellamy Brooks – Clemson News

May 12, 2025
Simple life hack could see you live for three more years and it will cost you nothing – LADbible

Unlock the Secret to Living Three Extra Years for Free!

May 12, 2025
Canada claims inaugural World Relays mixed 4x100m crown in Guangzhou – worldathletics.org

Canada claims inaugural World Relays mixed 4x100m crown in Guangzhou – worldathletics.org

May 12, 2025
China, U.S. move to establish trade and economic consultation mechanism welcomed by analysts – Ecns.cn

Analysts Applaud New Trade and Economic Consultation Mechanism Between China and the U.S

May 12, 2025
New $38M retail-entertainment complex eyed for Henderson neighborhood – KSNV

Exciting $38M Retail-Entertainment Complex Set to Transform Henderson Neighborhood!

May 12, 2025
Abingdon man’s home garden an asset to health & community – WJHL

Transforming Health and Community: The Inspiring Home Garden of an Abingdon Resident

May 12, 2025
Trump announces he’ll sign executive order that aims to cut drug prices – CNN

Trump announces he’ll sign executive order that aims to cut drug prices – CNN

May 12, 2025
Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

Top Chief Technology Officers to Watch in 2025: SMX’s Anthony Vultaggio – WashingtonExec

May 12, 2025
Pacers win to edge closer to Conference final – Yahoo Sports

Pacers Surge Forward: A Step Closer to the Conference Finals!

May 12, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (602)
  • Economy (614)
  • Entertainment (21,526)
  • General (15,213)
  • Health (9,656)
  • Lifestyle (619)
  • News (22,149)
  • People (616)
  • Politics (621)
  • Science (15,836)
  • Sports (21,123)
  • Technology (15,604)
  • World (604)

Recent News

Chehalis Basin Long-Term Strategy – Department of Ecology – State of Washington (.gov)

Transforming the Chehalis Basin: A Vision for Sustainable Solutions

May 12, 2025
Eight students receive scholarships for excellence in sports science endowed in memory of Markvan Bellamy Brooks – Clemson News

Eight students receive scholarships for excellence in sports science endowed in memory of Markvan Bellamy Brooks – Clemson News

May 12, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version