LE Canada Construction Pipeline at 245 Projects/32,499 Rooms at Mid-Year

Pipeline Highlights at Q2

• The Construction Pipeline stands at 245 projects/32,499 rooms, a slight decline from the cyclical peak in Q1 2008.

• 67% of the Pipeline, representing 164 projects, have not as yet started construction.

• 33% of Pipeline projects are already Under Construction and near certain to come online as New Supply.

• There are also 25 Reflaggings, 17 hotels with 3,075 Private Residences and 8 Timeshare projects with 1,234 units under development.

• Nearly 80% of the projects in the Pipeline have already made branding decisions.

• Development is heaviest in Upscale, Midscale w/o Food & Beverage and Economy.

To view the entire LE Lodging Construction Report for the Caribbean, Mexico & Central America, including graphics and the Forecast for New Hotel Openings, please click here.

Lodging Econometrics (LE) specializes in Sales Solution Programs including:

Individual Sales Lead Records

       All the details needed to call on the most important accounts when decisions about your product or  

       service are being considered

Contact Names for Owners & Management of Open & Operating Hotels (Census)

       Essential for conducting telemarketing and direct mail activities to prospect for product replacement

       programs  

Strategic Planning Summaries

       Direct your sales force with an executive summary that includes project and guest room counts for each

       of your Sales Reps and their Territories, for Key Developers and their Project Team Members, and for

       every Company and Brand