Canadian hotel-development pipeline down 10.8%

01/12/2010 | HotelNewsNow.com

Canada's hotel-development pipeline, currently at 214 projects with 23,384 rooms, is down 10.8%, compared with December 2008, and has declined 0.9% since November, according to a new report. The largest decrease in rooms was seen in the upper-upscale segment, which was down 59.7%, compared with December 2008, and the largest increase in rooms was seen in the unaffiliated segment, which rose by 38.4%.

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