LE: New projects fuel Canada’s construction pipeline
Ontario leads with 57% of the projects and 58% of the rooms
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Canada, Latin America had healthy 2022 construction pipelines
Mexico has most projects in pipeline
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Ontario leads with 57% of the projects and 58% of the rooms
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Mexico has most projects in pipeline
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Current pipeline stands at 261 projects/35,662 rooms
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Analysts at Lodging Econometrics (LE) report that, in the third quarter, Canada’s hotel construction pipeline stands at 257 projects/34,167 rooms. Pipeline projects declined slightly
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