According to the latest Lodging Econometrics (LE) data for Q3 2026, Canada’s total hotel construction pipeline stands at a record-high 355 projects/49,209 rooms, up 7% by projects and 10% by rooms year-over-year (YOY).

Projects currently under construction stand at 69 projects/9,257 rooms. Projects scheduled to start construction in the next 12 months stand at 103 projects/13,620 rooms. The early planning stage reaches record-high counts of 183 projects/26,332 rooms, up 12% by projects and 18% by rooms YOY, and accounts for 52% of the projects and 54% of the rooms in Canada’s total pipeline. Construction starts in the third quarter total 13 projects/1,542 rooms, up 63% by projects and 78% by rooms YOY.

By chain scale, upper midscale leads with record-high counts of 142 projects/14,397 rooms, up 11% by projects and 5% by rooms YOY, accounting for 40% of the projects and 29% of the rooms in the total pipeline. The upscale chain scale follows with 62 projects/8,570 rooms and midscale reaches a record-high project count with 44 projects/3,807 rooms. Combined, these three chain scales total 248 projects/26,774 rooms, up 6% by projects and 4% by rooms YOY, and account for 70% of the projects in the total pipeline. The upper upscale chain scale also reaches record-high counts at the Q3 close, with 31 projects/7,002 rooms.

Ontario continues to lead Canada’s hotel construction pipeline with 190 projects/27,852 rooms, up 3% by rooms YOY, accounting for 54% of the projects and 57% of the rooms in the country’s total pipeline. British Columbia follows with record-high counts of 83 projects/12,624 rooms, up 19% by projects and 28% by rooms YOY, then Quebec with 31 projects/3,545 rooms, up 19% by projects and 20% by rooms YOY. Together, these three provinces account for 304 projects/44,021 rooms, representing 86% of the projects and 89% of the rooms in Canada’s total pipeline.

The top cities in Canada’s hotel construction pipeline at the Q3 close are led by Toronto with 71 projects/11,665 rooms, claiming 20% of the projects and 24% of the rooms in the country’s total pipeline. Vancouver follows with record-high counts of 45 projects/8,562 rooms, up 25% by projects and 44% by rooms YOY, then Niagara Falls with 24 projects and a record-high 6,865 rooms, up 26% by projects and 31% by rooms YOY. These three cities combined account for 140 projects/27,092 rooms, up 11% by projects and 19% by rooms YOY, representing 39% of the projects and 55% of the rooms in Canada’s total pipeline.

In the third quarter, Canada has 19 new project announcements (NPAs) accounting for 2,335 rooms, up 27% by projects and 16% by rooms YOY, while the country’s combined renovation and conversion pipeline stands at 104 projects/14,717 rooms.

Through the first three quarters of 2026, Canada has opened 23 new hotels/2,526 rooms. LE forecasts another 13 new hotels/1,439 rooms to open in the fourth quarter, bringing the 2026 year-end total to 36 new hotels/3,965 rooms, for a 1.1% increase in room supply. In 2027, LE forecasts 39 new hotels/4,463 rooms to open, a 1.2% supply increase, and in 2028, 48 new hotels/5,180 rooms are anticipated to open, increasing supply by 1.4%.